Megan Hansen - 15 Jul 2021 Form 4 Insider Report for SMARTSHEET INC

Role: Chief People & Culture Officer
Signature: /s/ Paul Porrini as attorney-in-fact for Megan Hansen
Issuer symbol: N/A
Transactions as of: 15 Jul 2021
Net transactions value: -$15,883
Form type: 4
Filing time: 19 Jul 2021, 21:28:34 UTC
Previous filing: 18 May 2021
Next filing: 28 Jul 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		+923	+13%		8,297	15 Jul 2021	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$15,883	-225	-2.7%	$70.59	8,072	15 Jul 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	-923	-11%	$0.000000	7,387	15 Jul 2021	Class A Common Stock	923		Direct	F1, F3

* 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 July 15, 2020 and then 6.25% of the total shares vest quarterly thereafter, with 100% of the shares vested and exercisable on July 15, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.