Praerit Garg - 13 May 2022 Form 4 Insider Report for SMARTSHEET INC

Role
Chief Product Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Praerit Garg
Issuer symbol
N/A
Transactions as of
13 May 2022
Net transactions value
-$193,105
Form type
4
Filing time
17 May 2022, 20:00:05 UTC
Previous filing
21 Mar 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +5,404 +9% 65,159 13 May 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1,859 +2.9% 67,018 13 May 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1,239 +1.8% 68,257 13 May 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +5,432 +8% 73,689 13 May 2022 Direct F1
transaction SMAR Class A Common Stock Tax liability $193,105 -4,652 -6.3% $41.51 69,037 13 May 2022 Direct 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 Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,404 -22% $0.000000 18,905 13 May 2022 Class A Common Stock 5,404 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,859 -12% $0.000000 13,014 13 May 2022 Class A Common Stock 1,859 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,239 -8.3% $0.000000 13,629 13 May 2022 Class A Common Stock 1,239 Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,432 -100% $0.000000* 0 13 May 2022 Class A Common Stock 5,432 Direct F1, F6
* 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 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.
F3 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.
F4 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.
F5 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.
F6 The RSUs vested as to 100% of the total shares on May 13, 2022, subject to continued service through the vesting date.