Megan Hansen - 15 Nov 2022 Form 4 Insider Report for SMARTSHEET INC

Role: Chief People & Culture Officer
Signature: /s/ Jolene Marshall as attorney-in-fact for Megan Hansen
Issuer symbol: N/A
Transactions as of: 15 Nov 2022
Net transactions value: -$39,394
Form type: 4
Filing time: 17 Nov 2022, 16:06:18 UTC
Previous filing: 17 Oct 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		+572	+12%		5,425	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+3,845	+71%		9,270	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+619	+6.7%		9,889	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$39,394	-1,228	-12%	$32.08	8,661	15 Nov 2022	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	-17%	$0.000000	2,861	15 Nov 2022	Class A Common Stock	572		Direct	F1, F3
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-619	-10%	$0.000000	5,576	15 Nov 2022	Class A Common Stock	619		Direct	F1, F4
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-3,845	-25%	$0.000000	11,535	15 Nov 2022	Class A Common Stock	3,845		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 February 15, 2021, 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, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F5	The RSUs vested as to 25% of the total shares on November 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.