Jolene Marshall - Oct 2, 2023 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Legal Officer
Signature
/s/ Jolene Marshall
Stock symbol
SMAR
Transactions as of
Oct 2, 2023
Transactions value $
-$50,325
Form type
4
Date filed
10/4/2023, 07:08 PM
Previous filing
Sep 22, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Sale -$50.3K -1.25K -17.58% $40.26 5.86K Oct 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on June 26, 2023.