Megan Hansen - Jul 15, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief People & Culture Officer
Signature
/s/ Paul Porrini as attorney-in-fact for Megan Hansen
Stock symbol
SMAR
Transactions as of
Jul 15, 2021
Transactions value $
-$15,883
Form type
4
Date filed
7/19/2021, 09:28 PM
Previous filing
May 18, 2021
Next filing
Jul 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +923 +12.52% 8.3K Jul 15, 2021 Direct F1
transaction SMAR Class A Common Stock Tax liability -$15.9K -225 -2.71% $70.59 8.07K Jul 15, 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 -11.11% $0.00 7.39K Jul 15, 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.