Mark Mader - Nov 18, 2024 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Signature
/s/ Jolene Marshall as attorney-in-fact for Mark Mader
Stock symbol
SMAR
Transactions as of
Nov 18, 2024
Transactions value $
-$1,155,520
Form type
4
Date filed
11/19/2024, 06:06 PM
Previous filing
Nov 6, 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 +0.75% 583K Nov 18, 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +4.49K +0.77% 588K Nov 18, 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +11.1K +1.89% 599K Nov 18, 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +32.7K +5.46% 631K Nov 18, 2024 Direct F1
transaction SMAR Class A Common Stock Tax liability -$1.16M -20.7K -3.28% $55.86 611K Nov 18, 2024 Direct
holding SMAR Class A Common Stock 51.3K Nov 18, 2024 By T49C Trust F2
holding SMAR Class A Common Stock 40K Nov 18, 2024 By L38 Trust 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 -4.34K -50% $0.00 4.34K Nov 18, 2024 Class A Common Stock 4.34K Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.49K -20% $0.00 17.9K Nov 18, 2024 Class A Common Stock 4.49K Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11.1K -20% $0.00 44.3K Nov 18, 2024 Class A Common Stock 11.1K Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -32.7K -33.33% $0.00 65.3K Nov 18, 2024 Class A Common Stock 32.7K Direct F1, F6
* 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 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 child. 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.
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.
F6 The RSUs vest as to 33.3% of the total shares on November 15, 2024, and then 8.33% of the total shares shall vest quarterly thereafter, subject to continued service through each vesting date.