Megan Hansen - Aug 13, 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
Aug 13, 2021
Transactions value $
-$24,335
Form type
4
Date filed
8/17/2021, 08:36 PM
Previous filing
Jul 28, 2021
Next filing
Sep 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +572 +7.24% 8.47K Aug 13, 2021 Direct F1
transaction SMAR Class A Common Stock Options Exercise +863 +10.19% 9.33K Aug 13, 2021 Direct F1
transaction SMAR Class A Common Stock Tax liability -$24.3K -351 -3.76% $69.33 8.98K Aug 13, 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 -572 -9.09% $0.00 5.72K Aug 13, 2021 Class A Common Stock 572 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -863 -100% $0.00* 0 Aug 13, 2021 Class A Common Stock 863 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 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 February 15, 2021and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4 The RSUs were granted under the 2019 Annual Incentive Plan and vested 100% on August 13, 2021.