Praerit Garg - 18 Nov 2024 Form 4 Insider Report for SMARTSHEET INC

Role
Chief Product Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Praerit Garg
Issuer symbol
N/A
Transactions as of
18 Nov 2024
Net transactions value
-$710,707
Form type
4
Filing time
19 Nov 2024, 18:07:07 UTC
Previous filing
16 Aug 2024
Next filing
13 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +1,239 +0.83% 149,684 18 Nov 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1,603 +1.1% 151,287 18 Nov 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +6,437 +4.3% 157,724 18 Nov 2024 Direct F1
transaction SMAR Class A Common Stock Options Exercise +23,052 +15% 180,776 18 Nov 2024 Direct F1
transaction SMAR Class A Common Stock Tax liability $710,707 -12,723 -7% $55.86 168,053 18 Nov 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 -1,239 -50% $0.000000 1,239 18 Nov 2024 Class A Common Stock 1,239 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,603 -20% $0.000000 6,409 18 Nov 2024 Class A Common Stock 1,603 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,437 -20% $0.000000 25,747 18 Nov 2024 Class A Common Stock 6,437 Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -23,052 -33% $0.000000 46,107 18 Nov 2024 Class A Common Stock 23,052 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 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.
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.