Praerit Garg - 15 Feb 2022 Form 4/A - Amendment 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
15 Feb 2022
Net transactions value
-$187,899
Form type
4/A - Amendment
Filing time
26 Aug 2022, 18:59:53 UTC
Date Of Original Report
17 Feb 2022
Previous filing
09 Dec 2021
Next filing
21 Mar 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 +10% 58,612 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +1,859 +3.2% 60,471 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +4,956 +8.2% 65,427 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability $187,899 -2,983 -4.6% $62.99 62,444 15 Feb 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 -5,404 -20% $0.000000 21,620 15 Feb 2022 Class A Common Stock 5,404 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.