Paul Porrini - 27 Dec 2021 Form 4 Insider Report for SMARTSHEET INC

Signature
/s/ Jolene Marshall as attorney-in-fact for Paul Porrini
Issuer symbol
N/A
Transactions as of
27 Dec 2021
Net transactions value
-$1,046,469
Form type
4
Filing time
29 Dec 2021, 17:21:29 UTC
Previous filing
17 Nov 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise $142,950 +15,000 +39% $9.53 53,507 27 Dec 2021 Direct
transaction SMAR Class A Common Stock Sale $1,189,419 -15,000 -28% $79.29 38,507 27 Dec 2021 Direct F1, 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 Stock Option (right to buy Class A Common Stock) Options Exercise $0 -15,000 -6.7% $0.000000 208,028 27 Dec 2021 Class A Common Stock 15,000 $9.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.10 to $79.765 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The option vests as to 2.0833% of the total shares monthly, commencing on April 19, 2018, with 100% of the total shares vested and exercisable on March 19, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.