Andrew Lee Bennett - 15 Nov 2021 Form 4 Insider Report for SMARTSHEET INC

Role: Chief Marketing Officer
Signature: /s/ Paul Porrini as attorney-in-fact for Andrew Bennett
Issuer symbol: N/A
Transactions as of: 15 Nov 2021
Net transactions value: -$137,701
Form type: 4
Filing time: 17 Nov 2021, 19:45:32 UTC
Previous filing: 18 Feb 2022
Next filing: 09 Dec 2021
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		+3,057			3,057	15 Nov 2021	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+436	+14%		3,493	15 Nov 2021	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+1,394	+40%		4,887	15 Nov 2021	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$137,701	-1,924	-39%	$71.57	2,963	15 Nov 2021	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	-3,057	-25%	$0.000000	9,173	15 Nov 2021	Class A Common Stock	3,057		Direct	F1, F3
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-436	-17%	$0.000000	2,179	15 Nov 2021	Class A Common Stock	436		Direct	F1, F4
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-1,394	-10%	$0.000000	12,549	15 Nov 2021	Class A Common Stock	1,394		Direct	F1, F5

* 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 August 15, 2019 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, 2020 and then 6.25% of the total shares shall 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, 2021 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.