Stephen Branstetter - 16 Sep 2024 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Signature
/s/ Jolene Marshall as attorney-in-fact for Stephen Branstetter
Issuer symbol
SMAR
Transactions as of
16 Sep 2024
Net transactions value
-$97,891
Form type
4
Filing time
17 Sep 2024, 17:48:51 UTC
Previous filing
16 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Sale $97,891 -1,847 -2.8% $53.00 64,215 16 Sep 2024 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 March 28, 2024.