Michael Arntz - Feb 15, 2022 Form 4/A - Amendment Insider Report for SMARTSHEET INC (SMAR)

Signature
/s/ Jolene Marshall as attorney-in-fact for Michael Arntz
Stock symbol
SMAR
Transactions as of
Feb 15, 2022
Transactions value $
-$221,221
Form type
4/A - Amendment
Date filed
8/26/2022, 07:05 PM
Date Of Original Report
Feb 17, 2022
Previous filing
Feb 2, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +1.18K 1.18K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +2.79K +237.07% 3.96K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +4.96K +125.03% 8.92K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability -$221K -3.51K -39.37% $62.99 5.41K Feb 15, 2022 Direct F1, F3

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 -1.18K -19.99% $0.00 4.71K Feb 15, 2022 Class A Common Stock 1.18K Direct F1, F2, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.79K -11.11% $0.00 22.3K Feb 15, 2022 Class A Common Stock 2.79K Direct F1, F2, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.96K -25% $0.00 14.9K Feb 15, 2022 Class A Common Stock 4.96K Direct F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amended Form 4 is being filed solely to correct an inadvertent error in the number of securities acquired, disposed, and beneficially owned following the reported transactions on the Form 4 filed on February 17, 2022. All other information reported in the Form 4 remains the same.
F2 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3 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.
F4 The RSUs vested as to 25% of the total shares on February 15, 2020, 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 25% of the total shares on February 15, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F6 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.

Remarks:

The Reporting Person's total holdings as reported in (a) Column 5 of Table I in Forms 4 filed between February 17, 2022 and August 17, 2022, and (b) Column 9 of Table II of Forms 4 filed on May 17, 2022 and August 17, 2022 are adjusted to reflect the amendments included herein.