Jolene Marshall - Feb 15, 2022 Form 4/A - Amendment Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Legal Officer
Signature
/s/ Jolene Marshall
Stock symbol
SMAR
Transactions as of
Feb 15, 2022
Transactions value $
-$50,707
Form type
4/A - Amendment
Date filed
2/18/2022, 06:47 PM
Date Of Original Report
Feb 17, 2022
Previous filing
Jan 10, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +349 +1.58% 22.4K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +715 +3.19% 23.2K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +1.86K +8.02% 25K Feb 15, 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability -$50.7K -805 -3.22% $62.99 24.2K Feb 15, 2022 Direct F2, F3

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 -1.86K -24.99% $0.00 5.58K Feb 15, 2022 Class A Common Stock 1.86K 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 This amended Form 4 is being filed solely to correct and inadvertent error in the amount of securities beneficially owned following reported transaction(s) on the Form 4 filed on February 17, 2022, and to consolidate the 1,115 and 743 shares that vested under the RSU that expires on March 19, 2031 into one reporting line item of 1,858 shares. All other information reported in the Form 4 remains the same.
F3 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.
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.