Jolene Lau Marshall - 15 Feb 2022 Form 4/A - Amendment Insider Report for SMARTSHEET INC

Role
Chief Legal Officer
Signature
/s/ Jolene Marshall
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
-$50,707
Form type
4/A - Amendment
Filing time
18 Feb 2022, 18:47:02 UTC
Date Of Original Report
17 Feb 2022
Previous filing
10 Jan 2022
Next filing
21 Mar 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 +349 +1.6% 22,438 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +715 +3.2% 23,153 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +1,858 +8% 25,011 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability $50,707 -805 -3.2% $62.99 24,206 15 Feb 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 -1,858 -25% $0.000000 5,576 15 Feb 2022 Class A Common Stock 1,858 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.