Katie J. Rooney - 22 Jan 2025 Form 4 Insider Report for SMARTSHEET INC

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Jan 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Jan 2025, 18:19:30 UTC
Prior SEC filing: 10 Jul 2024
Next SEC filing: 04 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Jolene Marshall as attorney-in-fact for Katie Rooney

Key filing fact

Katie J. Rooney filed Form 4 for SMARTSHEET INC on 24 Jan 2025.

Key facts

This page summarizes Katie J. Rooney's Form 4 filing for SMARTSHEET INC.
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 24 Jan 2025, 18:19.

Change

Previous filing in this sequence was filed on 10 Jul 2024.
Current net transaction value: $0.

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 disclosures.

View source filing

Reported derivative securities

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

SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Disposed to Issuer

Transaction value: $0
Shares: -7,981
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 22 Jan 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,981
Exercise price
Footnotes: F1, F2, F3, F4

SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Disposed to Issuer

Transaction value: $0
Shares: -1,216
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 22 Jan 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,216
Exercise price
Footnotes: F1, F2, F3, F5

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Katie J. Rooney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

Footnote F2

Pursuant to the Merger Agreement, at the Effective Time, each RSU that vested solely on the basis of time that was outstanding as of immediately prior to the Effective Time and was either (i) held by a non-employee member of the Board of Directors (whether vested or unvested) or (ii) vested in accordance with its terms but not yet settled as of the Effective Time (each, a "Vested RSU") was canceled and converted into the right to receive an amount in cash obtained by multiplying (A) the total number of shares of Common Stock underlying such Vested RSU, by (B) the Merger Consideration, subject to any required withholding of taxes.

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each RSU that was outstanding as of immediately prior to the Effective Time and that was not a Vested RSU (each, an "Unvested RSU") was canceled and automatically converted into the contingent right to receive an aggregate amount in cash equal to the product obtained by multiplying (i) the total number of shares of Common Stock underlying such Unvested RSU, by (ii) the Merger Consideration (the "Unvested RSU Consideration"), subject to any required withholding of taxes. The Unvested RSU Consideration will vest and become payable on substantially the same terms and conditions that applied to the Unvested RSU immediately prior to the Effective Time.

Footnote F4

The RSU vests as to 1/3 of the total shares on each of March 21, 2025, March 21, 2026, and March 21, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.

Footnote F5

The RSUs shall fully vest on the earlier of (a) the date of the 2025 annual meeting of the issuer's shareholders and (b) June 18, 2025, subject to continued service through the vesting date.