Mark Patrick Mader - 15 Feb 2024 Form 4 Insider Report for SMARTSHEET INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Feb 2024, 18:56:54 UTC
Prior SEC filing
20 Dec 2023
Next SEC filing
17 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jolene Marshall as attorney-in-fact for Mark Mader

Key filing fact

Mark Patrick Mader filed Form 4 for SMARTSHEET INC on 20 Feb 2024.

Key facts

  • This page summarizes Mark Patrick Mader's Form 4 filing for SMARTSHEET INC.
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 20 Feb 2024, 18:56.

Change

  • Previous filing in this sequence was filed on 20 Dec 2023.
  • Current net transaction value: -$311,538.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+5,531
Change %
+0.98%
Price
Shares after
571,469
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1, F2
SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+4,337
Change %
+0.76%
Price
Shares after
575,806
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+4,486
Change %
+0.78%
Price
Shares after
580,292
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+11,085
Change %
+1.9%
Price
Shares after
591,377
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Tax liability

Transaction value
$311,538
Shares
-6,820
Change %
-1.2%
Price
$45.68
Shares after
584,557
Date
15 Feb 2024
Ownership
Direct
Footnotes
F3
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,250
Date
15 Feb 2024
Ownership
By T49C Trust
Footnotes
F4
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,250
Date
15 Feb 2024
Ownership
By T77A Trust
Footnotes
F4
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
40,000
Date
15 Feb 2024
Ownership
By L29 Trust
Footnotes
F4
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
40,000
Date
15 Feb 2024
Ownership
By L38 Trust
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-5,531
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,531
Exercise price
Footnotes
F1, F5
SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-4,337
Change %
-20%
Price
$0.000000
Shares after
17,347
Date
15 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,337
Exercise price
Footnotes
F1, F6
SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-4,486
Change %
-12%
Price
$0.000000
Shares after
31,402
Date
15 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,486
Exercise price
Footnotes
F1, F7
SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-11,085
Change %
-12%
Price
$0.000000
Shares after
77,598
Date
15 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,085
Exercise price
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

Footnote F2

Includes 179 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on December 29, 2023.

Footnote 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.

Footnote F4

These securities are held of record by Douglas Porter, Trustee of each of the T77A Trust, T49C Trust, L38 Trust, and L29 Trust, trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership over such securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F5

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.

Footnote F6

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.

Footnote F7

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.

Footnote F8

The RSUs vested 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .