Paul Porrini - Dec 27, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Legal Officer Emeritus
Signature
/s/ Jolene Marshall as attorney-in-fact for Paul Porrini
Stock symbol
SMAR
Transactions as of
Dec 27, 2021
Transactions value $
-$1,046,469
Form type
4
Date filed
12/29/2021, 05:21 PM
Previous filing
Nov 17, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise $143K +15K +38.95% $9.53 53.5K Dec 27, 2021 Direct
transaction SMAR Class A Common Stock Sale -$1.19M -15K -28.03% $79.29 38.5K Dec 27, 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 -15K -6.73% $0.00 208K Dec 27, 2021 Class A Common Stock 15K $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.