Jolene Marshall - Feb 15, 2023 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Legal Officer
Signature
/s/ Jolene Marshall
Stock symbol
SMAR
Transactions as of
Feb 15, 2023
Transactions value $
-$141,028
Form type
4
Date filed
2/17/2023, 03:25 PM
Previous filing
Feb 3, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Options Exercise +349 +3.66% 9.88K Feb 15, 2023 Direct F1
transaction SMAR Class A Common Stock Options Exercise +715 +7.23% 10.6K Feb 15, 2023 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1.6K +15.11% 12.2K Feb 15, 2023 Direct F1
transaction SMAR Class A Common Stock Options Exercise +465 +3.81% 12.7K Feb 15, 2023 Direct F1
transaction SMAR Class A Common Stock Tax liability -$42.3K -910 -7.18% $46.44 11.8K Feb 15, 2023 Direct F2
transaction SMAR Class A Common Stock Sale -$98.8K -2.22K -18.89% $44.47 9.54K Feb 16, 2023 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 -100% $0.00* 0 Feb 15, 2023 Class A Common Stock 349 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -715 -19.99% $0.00 2.86K Feb 15, 2023 Class A Common Stock 715 Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -465 -11.12% $0.00 3.72K Feb 15, 2023 Class A Common Stock 465 Direct F1, F6
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1.6K -8.33% $0.00 17.6K Feb 15, 2023 Class A Common Stock 1.6K 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.