Praerit Garg - Dec 7, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Technology Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Praerit Garg
Stock symbol
SMAR
Transactions as of
Dec 7, 2021
Transactions value $
$0
Form type
4
Date filed
12/9/2021, 06:27 PM
Previous filing
Nov 17, 2021
Next filing
Aug 26, 2022

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) Award $0 +31.6K $0.00 31.6K Dec 7, 2021 Class A Common Stock 31.6K $72.03 Direct F1
transaction SMAR Restricted Stock Units (RSU) (Class A) Award $0 +25.6K $0.00 25.6K Dec 7, 2021 Class A Common Stock 25.6K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests 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.
F2 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3 The RSUs vest 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.