Megan Hansen - 14 Jan 2022 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief People & Culture Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Megan Hansen
Issuer symbol
SMAR
Transactions as of
14 Jan 2022
Transactions value $
-$17,368
Form type
4
Filing time
19 Jan 2022, 19:10:00
Previous filing
23 Dec 2021
Next filing
18 Feb 2022
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 +924 +9.22% 10.9K 14 Jan 2022 Direct F1
transaction SMAR Class A Common Stock Tax liability -$17.4K -277 -2.53% $62.70 10.7K 14 Jan 2022 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 -924 -14.29% $0.00 5.54K 14 Jan 2022 Class A Common Stock 924 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 July 15, 2020 and then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested and exercisable on July 15, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.