Mark Mader - Aug 15, 2024 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
President and CEO, Director
Signature
/s/ Jolene Marshall as attorney-in-fact for Mark Mader
Stock symbol
SMAR
Transactions as of
Aug 15, 2024
Transactions value $
-$373,934
Form type
4
Date filed
8/16/2024, 05:48 PM
Previous filing
Jun 17, 2024
Next filing
Sep 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 +4.34K +0.73% 601K Aug 15, 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +4.49K +0.75% 605K Aug 15, 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +11.1K +1.83% 617K Aug 15, 2024 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability -$374K -7.84K -1.27% $47.72 609K Aug 15, 2024 Direct F3
holding SMAR Class A Common Stock 51.3K Aug 15, 2024 By T49C Trust F4
holding SMAR Class A Common Stock 40K Aug 15, 2024 By L38 Trust F4

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 -4.34K -33.33% $0.00 8.67K Aug 15, 2024 Class A Common Stock 4.34K Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.49K -16.67% $0.00 22.4K Aug 15, 2024 Class A Common Stock 4.49K Direct F1, F6
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11.1K -16.67% $0.00 55.4K Aug 15, 2024 Class A Common Stock 11.1K Direct F1, F7
* 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 160 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on June 28, 2024.
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 These securities are held of record by Douglas Porter, Trustee of the T49C Trust and L38 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.
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.
F7 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.