Michael Arntz - Mar 22, 2024 Form 4/A Insider Report for SMARTSHEET INC (SMAR)

Role: Chief Revenue Officer
Signature: /s/ Jolene Marshall as attorney-in-fact for Michael Arntz
Stock symbol: SMAR
Transactions as of: Mar 22, 2024
Transactions value $: -$290,281
Form type: 4/A
Date filed: 3/27/2024, 07:42 PM
Date Of Original Report: Mar 26, 2024
Previous filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMAR	Class A Common Stock	Options Exercise	$13.5K	+4.96K	+32.07%	$2.72^*	20.4K	Mar 22, 2024	Direct
transaction	SMAR	Class A Common Stock	Sale	-$304K	-7.7K	-37.72%	$39.44	12.7K	Mar 22, 2024	Direct	F1, 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	Stock Option (right to buy Class A Common Stock)	Options Exercise	$0	-4.96K	-2.58%	$0.00	187K	Mar 22, 2024	Class A Common Stock	4.96K	$2.72	Direct	F3

* 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	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.19 to $39.84 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	The option is fully vested and exercisable.

Remarks:

This amended Form 4 is being filed to check the box to indicate that a 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), and to add a footnote related thereto. All other information reported in the Form 4 remains the same.