Jolene Marshall - Dec 31, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Legal Officer
Signature
/s/ Jolene Marshall
Stock symbol
SMAR
Transactions as of
Dec 31, 2021
Transactions value $
-$1,654,639
Form type
4
Date filed
1/4/2022, 08:07 PM
Previous filing
Dec 9, 2021
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise $176K +18.5K +230.52% $9.53 26.5K Dec 31, 2021 Direct
transaction SMAR Class A Common Stock Options Exercise $125K +13.2K +49.73% $9.53 39.6K Dec 31, 2021 Direct
transaction SMAR Class A Common Stock Sale -$1.96M -25.1K -63.2% $78.08 14.6K Dec 31, 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 -18.5K -67.41% $0.00 8.93K Dec 31, 2021 Class A Common Stock 18.5K $9.53 Direct F3
transaction SMAR Stock Option (right to buy Class A Common Stock) Options Exercise $0 -13.2K -94.04% $0.00 834 Dec 31, 2021 Class A Common Stock 13.2K $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.