Megan Hansen - 14 May 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role: Chief People & Culture Officer
Signature: /s/ Paul Porrini as attorney-in-fact for Megan Hansen
Issuer symbol: SMAR
Transactions as of: 14 May 2021
Transactions value $: -$7,643
Form type: 4
Filing time: 18 May 2021, 20:27:04
Next filing: 19 Jul 2021
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		+571	+8.22%		7.51K	14 May 2021	Direct	F1
transaction	SMAR	Class A Common Stock	Tax liability	-$7.64K	-140	-1.86%	$54.59	7.37K	14 May 2021	Direct	F2

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	-571	-8.32%	$0.00	6.29K	14 May 2021	Class A Common Stock	571		Direct	F1, F3

* 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	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.
F3	The RSUs vested as to 25% of the total shares on February 15, 2021and then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested on February 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.