Michael Arntz - 22 Mar 2024 Form 4/A Insider Report for SMARTSHEET INC

Reporting relationship: Chief Revenue Officer
Issuer ticker: N/A
Reported as of: 22 Mar 2024
Net transaction value: -$290,281
SEC form: 4/A
Accepted by SEC: 27 Mar 2024, 19:42:43 UTC
Original report date: 26 Mar 2024
Prior SEC filing: 20 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Jolene Marshall as attorney-in-fact for Michael Arntz

Key filing fact

Michael Arntz filed Form 4/A for SMARTSHEET INC on 27 Mar 2024.

Key facts

This page summarizes Michael Arntz's Form 4/A filing for SMARTSHEET INC.
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 27 Mar 2024, 19:42.

Change

Previous filing in this sequence was filed on 20 Feb 2024.
Current net transaction value: -$290,281.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMAR transaction

Class A Common Stock

Options Exercise

Transaction value: $13,486
Shares: +4,958
Change %: +32%
Price: $2.72^*
Shares after: 20,420
Date: 22 Mar 2024
Ownership: Direct

SMAR transaction

Class A Common Stock

Sale

Transaction value: $303,767
Shares: -7,702
Change %: -38%
Price: $39.44
Shares after: 12,718
Date: 22 Mar 2024
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMAR transaction Derivative

Stock Option (right to buy Class A Common Stock)

Options Exercise

Transaction value: $0
Shares: -4,958
Change %: -2.6%
Price: $0.000000
Shares after: 186,849
Date: 22 Mar 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,958
Exercise price: $2.72
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

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

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.19 to $39.84 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

The option is fully vested and exercisable.

SEC remarks

This amended Form 4 is being filed to check the box to indicate that a 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), and to add a footnote related thereto. All other information reported in the Form 4 remains the same.