MARK PATRICK MADER - 15 Aug 2024 Form 4 Insider Report for SMARTSHEET INC

Role: President and CEO, Director
Signature: /s/ Jolene Marshall as attorney-in-fact for Mark Mader
Issuer symbol: N/A
Transactions as of: 15 Aug 2024
Net transactions value: -$373,934
Form type: 4
Filing time: 16 Aug 2024, 17:48:33 UTC
Previous filing: 17 Jun 2024
Next filing: 20 Sep 2024
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		+4,336	+0.73%		600,866	15 Aug 2024	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+4,486	+0.75%		605,352	15 Aug 2024	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+11,086	+1.8%		616,598	15 Aug 2024	Direct	F1, F2
transaction	SMAR	Class A Common Stock	Tax liability	$373,934	-7,836	-1.3%	$47.72	608,762	15 Aug 2024	Direct	F3
holding	SMAR	Class A Common Stock						51,250	15 Aug 2024	By T49C Trust	F4
holding	SMAR	Class A Common Stock						40,000	15 Aug 2024	By L38 Trust	F4

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	-4,336	-33%	$0.000000	8,674	15 Aug 2024	Class A Common Stock	4,336		Direct	F1, F5
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-4,486	-17%	$0.000000	22,430	15 Aug 2024	Class A Common Stock	4,486		Direct	F1, F6
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-11,086	-17%	$0.000000	55,427	15 Aug 2024	Class A Common Stock	11,086		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	Includes 160 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on June 28, 2024.
F3	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.
F4	These securities are held of record by Douglas Porter, Trustee of the T49C Trust and L38 Trust, trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership over such securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5	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.
F6	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.
F7	The RSUs vested as to 33.3% of the total shares on November 15, 2023, and then 8.33% of the total shares shall vest quarterly thereafter, subject to continued service through each vesting date.