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

Role
Chief Product Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Praerit Garg
Stock symbol
SMAR
Transactions as of
Feb 15, 2022
Transactions value $
-$187,899
Form type
4/A - Amendment
Date filed
8/26/2022, 06:59 PM
Date Of Original Report
Feb 17, 2022
Previous filing
Dec 9, 2021
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 +5.4K +10.16% 58.6K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +1.86K +3.17% 60.5K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +4.96K +8.2% 65.4K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability -$188K -2.98K -4.56% $62.99 62.4K 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 -5.4K -20% $0.00 21.6K Feb 15, 2022 Class A Common Stock 5.4K Direct F1, F2, F4
* 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.

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.