Praerit Garg - May 14, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Technology Officer
Signature
/s/ Paul T. Porrini as attorney-in-fact for Praerit Garg
Stock symbol
SMAR
Transactions as of
May 14, 2021
Transactions value $
-$156,073
Form type
4
Date filed
5/18/2021, 08:17 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +5.41K +14.13% 43.7K May 14, 2021 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +1.86K +4.26% 45.5K May 14, 2021 Direct F1
transaction SMAR Class A Common Stock Tax liability -$156K -2.86K -6.28% $54.59 42.7K May 14, 2021 Direct 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 -5.41K -12.5% $0.00 37.8K May 14, 2021 Class A Common Stock 5.41K Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1.86K -8.33% $0.00 20.5K May 14, 2021 Class A Common Stock 1.86K Direct F1, F5
* 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 Includes 413 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on March 24, 2021.
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.