Pete Godbole - 15 Mar 2022 Form 4 Insider Report for SMARTSHEET INC

Role: CFO & Treasurer
Signature: /s/ Jolene Marshall as attorney-in-fact for Pete Godbole
Issuer symbol: N/A
Transactions as of: 15 Mar 2022
Net transactions value: -$40,272
Form type: 4
Filing time: 16 Mar 2022, 19:59:13 UTC
Previous filing: 17 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		+2,400	+29%		10,635	15 Mar 2022	Direct	F1, F2
transaction	SMAR	Class A Common Stock	Tax liability	$40,272	-926	-8.7%	$43.49	9,709	15 Mar 2022	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	-2,400	-8.3%	$0.000000	26,411	15 Mar 2022	Class A Common Stock	2,400		Direct	F1, F4

* 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 238 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on December 31, 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 December 15, 2021 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.