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

Role: Chief Legal Officer
Signature: /s/ Jolene Marshall
Issuer symbol: N/A
Transactions as of: 15 Nov 2022
Net transactions value: -$250,806
Form type: 4
Filing time: 17 Nov 2022, 16:08:32 UTC
Previous filing: 07 Nov 2022
Next filing: 08 Dec 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		+348	+2.8%		12,849	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+715	+5.6%		13,564	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+465	+3.4%		14,029	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+6,408	+46%		20,437	15 Nov 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	$62,075	-1,935	-9.5%	$32.08	18,502	15 Nov 2022	Direct	F2
transaction	SMAR	Class A Common Stock	Sale	$188,731	-6,001	-32%	$31.45	12,501	16 Nov 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	-348	-50%	$0.000000	349	15 Nov 2022	Class A Common Stock	348		Direct	F1, F4
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-715	-17%	$0.000000	3,576	15 Nov 2022	Class A Common Stock	715		Direct	F1, F5
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-465	-10%	$0.000000	4,183	15 Nov 2022	Class A Common Stock	465		Direct	F1, F6
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-6,408	-25%	$0.000000	19,226	15 Nov 2022	Class A Common Stock	6,408		Direct	F1, F7

* 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	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.
F3	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
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.
F7	The RSUs vested as to 25% of the total shares on November 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.