Stephen Branstetter - 15 Nov 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Operating Officer
Signature
/s/ Paul Porrini as attorney-in-fact for Stephen Branstetter
Issuer symbol
SMAR
Transactions as of
15 Nov 2021
Net transactions value
-$94,687
Form type
4
Filing time
17 Nov 2021, 19:42:32 UTC
Previous filing
17 Nov 2021
Next filing
09 Dec 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 +1,528 +8.5% 19,574 15 Nov 2021 Direct F1
transaction SMAR Class A Common Stock Options Exercise +436 +2.2% 20,010 15 Nov 2021 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1,394 +7% 21,404 15 Nov 2021 Direct F1
transaction SMAR Class A Common Stock Tax liability $94,687 -1,323 -6.2% $71.57 20,081 15 Nov 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 -1,528 -25% $0.000000 4,587 15 Nov 2021 Class A Common Stock 1,528 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -436 -17% $0.000000 2,179 15 Nov 2021 Class A Common Stock 436 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,394 -10% $0.000000 12,549 15 Nov 2021 Class A Common Stock 1,394 Direct F1, F5
* 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 August 15, 2019 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4 The RSUs vested as to 25% of the total shares on February 15, 2020 and then 6.25% of the total shares shall vest quarterly thereafter, subject to continued service through each vesting date.
F5 The RSUs vested as to 25% of the total shares on February 15, 2021 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.