Jolene Lau Marshall - 31 Dec 2021 Form 4 Insider Report for SMARTSHEET INC

Role: Chief Legal Officer
Signature: /s/ Jolene Marshall
Issuer symbol: N/A
Transactions as of: 31 Dec 2021
Net transactions value: -$1,654,639
Form type: 4
Filing time: 04 Jan 2022, 20:07:31 UTC
Previous filing: 09 Dec 2021
Next filing: 10 Jan 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	$175,971	+18,465	+231%	$9.53	26,475	31 Dec 2021	Direct
transaction	SMAR	Class A Common Stock	Options Exercise	$125,472	+13,166	+50%	$9.53	39,641	31 Dec 2021	Direct
transaction	SMAR	Class A Common Stock	Sale	$1,956,083	-25,052	-63%	$78.08	14,589	31 Dec 2021	Direct	F1, 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	Stock Option (right to buy Class A Common Stock)	Options Exercise	$0	-18,465	-67%	$0.000000	8,929	31 Dec 2021	Class A Common Stock	18,465	$9.53	Direct	F3
transaction	SMAR	Stock Option (right to buy Class A Common Stock)	Options Exercise	$0	-13,166	-94%	$0.000000	834	31 Dec 2021	Class A Common Stock	13,166	$9.53	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.58 to $78.10 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	The option is fully vested and exercisable.
F4	The option vested as to 25% of the total shares on February 1, 2019, and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on February 1, 2022, subject to continued service through each vesting date.