Jolene Lau Marshall - 15 Aug 2022 Form 4 Insider Report for SMARTSHEET INC

Role: Chief Legal Officer
Signature: /s/ Jolene Marshall
Issuer symbol: N/A
Transactions as of: 15 Aug 2022
Net transactions value: -$14,212
Form type: 4
Filing time: 17 Aug 2022, 18:55:20 UTC
Previous filing: 06 Jul 2022
Next filing: 16 Sep 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	+1.9%		18,273	15 Aug 2022	Direct	F1, F2
transaction	SMAR	Class A Common Stock	Options Exercise		+715	+3.9%		18,988	15 Aug 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+465	+2.4%		19,453	15 Aug 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$14,212	-374	-1.9%	$38.00	19,079	15 Aug 2022	Direct	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	-349	-33%	$0.000000	697	15 Aug 2022	Class A Common Stock	349		Direct	F1, F4
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-715	-14%	$0.000000	4,291	15 Aug 2022	Class A Common Stock	715		Direct	F1, F5
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-465	-9.1%	$0.000000	4,648	15 Aug 2022	Class A Common Stock	465		Direct	F1, F6

* 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	Includes 327 shares of Class A Common Stock acquired pursuant to issuer's employee stock purchase plan on June 30, 2022.
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, 2020, 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 February 15, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F6	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.