Pete Godbole - 15 Nov 2023 Form 4 Insider Report for SMARTSHEET INC

Role
CFO & Treasurer
Signature
/s/ Jolene Marshall as attorney-in-fact for Pete Godbole
Issuer symbol
N/A
Transactions as of
15 Nov 2023
Net transactions value
-$578,202
Form type
4
Filing time
17 Nov 2023, 18:29:14 UTC
Previous filing
19 Sep 2023
Next filing
14 Dec 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 +1,762 +6.5% 28,698 15 Nov 2023 Direct F1
transaction SMAR Class A Common Stock Options Exercise +27,891 +97% 56,589 15 Nov 2023 Direct F1
transaction SMAR Class A Common Stock Tax liability $578,202 -13,770 -24% $41.99 42,819 15 Nov 2023 Direct F2

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 -1,762 -10% $0.000000 15,863 15 Nov 2023 Class A Common Stock 1,762 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -27,891 -33% $0.000000 55,785 15 Nov 2023 Class A Common Stock 27,891 Direct F1, F4
* 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 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.
F3 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.
F4 The RSUs vest as to 33.3% of the total shares on November 15, 2023, and then 8.33% of the total shares shall vest quarterly thereafter, subject to continued service through each vesting date