Andrew Lee Bennett - 15 Aug 2023 Form 4 Insider Report for SMARTSHEET INC

Role: Chief Marketing Officer
Signature: /s/ Jolene Marshall as attorney-in-fact for Andrew Bennett
Issuer symbol: N/A
Transactions as of: 15 Aug 2023
Net transactions value: -$32,112
Form type: 4
Filing time: 17 Aug 2023, 17:18:00 UTC
Previous filing: 17 May 2023
Next filing: 17 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMAR	Class A Common Stock	Options Exercise		+1,394	+7.1%		21,047	15 Aug 2023	Direct	F1, F2
transaction	SMAR	Class A Common Stock	Options Exercise		+620	+2.9%		21,667	15 Aug 2023	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+1,282	+5.9%		22,949	15 Aug 2023	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$32,112	-804	-3.5%	$39.94	22,145	15 Aug 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-1,394	-33%	$0.000000	2,790	15 Aug 2023	Class A Common Stock	1,394		Direct	F1, F4
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-620	-14%	$0.000000	3,717	15 Aug 2023	Class A Common Stock	620		Direct	F1, F5
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-1,282	-10%	$0.000000	11,536	15 Aug 2023	Class A Common Stock	1,282		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F2	Includes 643 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on June 30, 2023.
F3	Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.
F4	The RSUs vested as to 25% of the total shares on February 15, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F5	The RSUs vested as to 25% of the total shares on February 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F6	The RSUs vested as to 25% of the total shares on November 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.