Mark Mader - Oct 2, 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: Oct 2, 2024
Transactions value $: -$276,750
Form type: 4
Date filed: 10/3/2024, 07:16 PM
Previous 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	Sale	-$277K	-5K	-0.85%	$55.35	584K	Oct 2, 2024	Direct	F1
holding	SMAR	Class A Common Stock						51.3K	Oct 2, 2024	By T49C Trust	F2
holding	SMAR	Class A Common Stock						40K	Oct 2, 2024	By L38 Trust	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 March 27, 2024.
F2	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.

Content

The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 27, 2024.

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.