MARK PATRICK MADER - 13 Aug 2021 Form 4 Insider Report for SMARTSHEET INC

Role
President and CEO, Director
Signature
/s/ Paul Porrini as attorney-in-fact for Mark Mader
Issuer symbol
N/A
Transactions as of
13 Aug 2021
Net transactions value
-$387,416
Form type
4
Filing time
17 Aug 2021, 20:50:35 UTC
Previous filing
08 Jul 2021
Next filing
17 Nov 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 +3,702 +0.96% 388,158 13 Aug 2021 Direct F1
transaction SMAR Class A Common Stock Options Exercise +5,530 +1.4% 393,688 13 Aug 2021 Direct F1
transaction SMAR Class A Common Stock Options Exercise +4,965 +1.3% 398,653 13 Aug 2021 Direct F1
transaction SMAR Class A Common Stock Tax liability $387,416 -5,588 -1.4% $69.33 393,065 13 Aug 2021 Direct F2
holding SMAR Class A Common Stock 51,250 13 Aug 2021 By T49C Trust F3
holding SMAR Class A Common Stock 51,250 13 Aug 2021 By T77A Trust F3

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 -3,702 -14% $0.000000 22,218 13 Aug 2021 Class A Common Stock 3,702 Direct F1, F4
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,530 -9.1% $0.000000 55,304 13 Aug 2021 Class A Common Stock 5,530 Direct F1, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,965 -100% $0.000000* 0 13 Aug 2021 Class A Common Stock 4,965 Direct F1, F6
* 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 These securities are held of record by Douglas Porter, Trustee of each of the T77A Trust and the T49C Trust, trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership over such securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4 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.
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.
F6 The RSUs were granted under the 2019 Annual Incentive Plan and vested 100% on August 13, 2021.