Jolene Marshall - Jan 2, 2024 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Signature
/s/ Jolene Marshall
Stock symbol
SMAR
Transactions as of
Jan 2, 2024
Transactions value $
-$105,834
Form type
4
Date filed
1/4/2024, 06:44 PM
Previous filing
Dec 18, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Sale -$106K -2.25K -13.52% $47.10 14.4K Jan 2, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on June 26, 2023.
F2 Includes 119 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on December 29, 2023.