Stephen Branstetter - 15 Nov 2022 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
Chief Operating Officer
Signature
/s/ Jolene Marshall as attorney-in-fact for Stephen Branstetter
Issuer symbol
SMAR
Transactions as of
15 Nov 2022
Net transactions value
-$53,028
Form type
4
Filing time
17 Nov 2022, 16:15:31 UTC
Previous filing
17 Aug 2022
Next filing
08 Dec 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 +435 +1.3% 34,828 15 Nov 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +1,394 +4% 36,222 15 Nov 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +619 +1.7% 36,841 15 Nov 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +3,845 +10% 40,686 15 Nov 2022 Direct F1
transaction SMAR Class A Common Stock Tax liability $53,028 -1,653 -4.1% $32.08 39,033 15 Nov 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 -435 -50% $0.000000 437 15 Nov 2022 Class A Common Stock 435 Direct F1, F3
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,394 -17% $0.000000 6,972 15 Nov 2022 Class A Common Stock 1,394 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -619 -10% $0.000000 5,576 15 Nov 2022 Class A Common Stock 619 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -3,845 -25% $0.000000 11,535 15 Nov 2022 Class A Common Stock 3,845 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 February 15, 2020, 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, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F5 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.