Stephen Robert Branstetter - 15 Aug 2024 Form 4 Insider Report for SMARTSHEET INC

Signature
/s/ Jolene Marshall as attorney-in-fact for Stephen Branstetter
Issuer symbol
N/A
Transactions as of
15 Aug 2024
Net transactions value
-$76,400
Form type
4
Filing time
16 Aug 2024, 17:49:05 UTC
Previous filing
19 Jul 2024
Next filing
17 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +620 +1% 62,411 15 Aug 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +961 +1.5% 63,372 15 Aug 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +4,291 +6.8% 67,663 15 Aug 2024 Direct F1
transaction SMAR Class A Common Stock Tax liability $76,400 -1,601 -2.4% $47.72 66,062 15 Aug 2024 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 -620 -33% $0.000000 1,239 15 Aug 2024 Class A Common Stock 620 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -961 -17% $0.000000 4,807 15 Aug 2024 Class A Common Stock 961 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,291 -17% $0.000000 21,456 15 Aug 2024 Class A Common Stock 4,291 Direct F1, F5
* 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 February 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4 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.
F5 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.