4//SEC Filing
Madrona Investment Partners III 4
Accession 0001366561-18-000021
CIK 0001366561other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 9:43 PM ET
Size
34.4 KB
Accession
0001366561-18-000021
Insider Transaction Report
Form 4
SMARTSHEET INCSMAR
Madrona Venture Fund III-A LP
10% Owner
Transactions
- Conversion
Class A Common Stock
2018-12-07+159,224→ 159,224 total(indirect: By Madrona Venture Fund III-A, L.P.) - Other
Class A Common Stock
2018-12-07−3,985,708→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Other
Class A Common Stock
2018-12-07−833,818→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2018-12-07+21,251→ 21,251 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Other
Class A Common Stock
2018-12-07−21,251→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−3,985,708→ 16,235,797 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (3,985,708 underlying) - Conversion
Class B Common Stock
2018-12-07−159,224→ 648,592 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (159,224 underlying) - Conversion
Class B Common Stock
2018-12-07−833,818→ 3,396,564 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (833,818 underlying) - Conversion
Class B Common Stock
2018-12-07−21,251→ 86,563 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,251 underlying) - Conversion
Class A Common Stock
2018-12-07+3,985,708→ 3,985,708 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2018-12-07+833,818→ 833,818 total(indirect: By Madrona Venture Fund IV, L.P.) - Other
Class A Common Stock
2018-12-07−159,224→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Madrona Venture Fund III L P
10% Owner
Transactions
- Other
Class A Common Stock
2018-12-07−159,224→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−21,251→ 86,563 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,251 underlying) - Conversion
Class A Common Stock
2018-12-07+833,818→ 833,818 total(indirect: By Madrona Venture Fund IV, L.P.) - Other
Class A Common Stock
2018-12-07−21,251→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Other
Class A Common Stock
2018-12-07−3,985,708→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Other
Class A Common Stock
2018-12-07−833,818→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2018-12-07+21,251→ 21,251 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−833,818→ 3,396,564 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (833,818 underlying) - Conversion
Class A Common Stock
2018-12-07+159,224→ 159,224 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−3,985,708→ 16,235,797 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (3,985,708 underlying) - Conversion
Class B Common Stock
2018-12-07−159,224→ 648,592 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (159,224 underlying) - Conversion
Class A Common Stock
2018-12-07+3,985,708→ 3,985,708 total(indirect: By Madrona Venture Fund III, L.P.)
Madrona Venture Fund IV-A, LP
10% Owner
Transactions
- Other
Class A Common Stock
2018-12-07−159,224→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2018-12-07+3,985,708→ 3,985,708 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2018-12-07+159,224→ 159,224 total(indirect: By Madrona Venture Fund III-A, L.P.) - Other
Class A Common Stock
2018-12-07−833,818→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2018-12-07+21,251→ 21,251 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−3,985,708→ 16,235,797 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (3,985,708 underlying) - Conversion
Class B Common Stock
2018-12-07−833,818→ 3,396,564 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (833,818 underlying) - Conversion
Class B Common Stock
2018-12-07−21,251→ 86,563 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,251 underlying) - Other
Class A Common Stock
2018-12-07−3,985,708→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2018-12-07+833,818→ 833,818 total(indirect: By Madrona Venture Fund IV, L.P.) - Other
Class A Common Stock
2018-12-07−21,251→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−159,224→ 648,592 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (159,224 underlying)
Madrona Investment Partners III
10% Owner
Transactions
- Other
Class A Common Stock
2018-12-07−3,985,708→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2018-12-07+159,224→ 159,224 total(indirect: By Madrona Venture Fund III-A, L.P.) - Other
Class A Common Stock
2018-12-07−159,224→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2018-12-07+833,818→ 833,818 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class B Common Stock
2018-12-07−3,985,708→ 16,235,797 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (3,985,708 underlying) - Conversion
Class A Common Stock
2018-12-07+3,985,708→ 3,985,708 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class B Common Stock
2018-12-07−21,251→ 86,563 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,251 underlying) - Other
Class A Common Stock
2018-12-07−833,818→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2018-12-07+21,251→ 21,251 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Other
Class A Common Stock
2018-12-07−21,251→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−159,224→ 648,592 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (159,224 underlying) - Conversion
Class B Common Stock
2018-12-07−833,818→ 3,396,564 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (833,818 underlying)
Madrona Venture Fund IV, LP
10% Owner
Transactions
- Conversion
Class B Common Stock
2018-12-07−21,251→ 86,563 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,251 underlying) - Conversion
Class A Common Stock
2018-12-07+3,985,708→ 3,985,708 total(indirect: By Madrona Venture Fund III, L.P.) - Other
Class A Common Stock
2018-12-07−3,985,708→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2018-12-07+159,224→ 159,224 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2018-12-07+833,818→ 833,818 total(indirect: By Madrona Venture Fund IV, L.P.) - Other
Class A Common Stock
2018-12-07−833,818→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class B Common Stock
2018-12-07−159,224→ 648,592 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (159,224 underlying) - Other
Class A Common Stock
2018-12-07−159,224→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2018-12-07+21,251→ 21,251 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Other
Class A Common Stock
2018-12-07−21,251→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2018-12-07−833,818→ 3,396,564 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (833,818 underlying) - Conversion
Class B Common Stock
2018-12-07−3,985,708→ 16,235,797 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (3,985,708 underlying)
Footnotes (5)
- [F1]Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the exercise of the options listed in Table II.
- [F2]These securities are held of record by Madrona Venture Fund III, L.P ("Madrona III") and Madrona Venture Fund III-A, L.P. ("Madrona III-A"), as applicable. Madrona Investment Partners III, L.P. ("Madrona Partners III") is the general partner of Madrona III and Madrona III-A, and Madrona III General Partner, LLC ("Madrona III LLC") is the general partner of Madrona Partners III. Matthew McIlwain, a member of the issuer's board of directors, together with Tom Alberg, Paul Goodrich, Scott Jacobson, Len Jordon, and Tim Porter, are the managing members of Madrona III LLC, and each may be deemed to share voting and investment power over the securities held by Madrona III and Madrona III-A. Each of such individuals disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the securities' inclusion herein shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purposes.
- [F3]The shares reported on this form represent pro rata distributions, and not sales, of securities by the reporting holder to its partners or members of the funds for which it acts as nominee without consideration.
- [F4]These securities are held of record by Madrona Venture Fund IV, L.P. ("Madrona IV") and Madrona Venture Fund IV-A, L.P. ("Madrona IV-A"), as applicable. Madrona Investment Partners IV, L.P.("Madrona Partners IV") is the general partner of Madrona IV and Madrona IV-A, and Madrona IV General Partner, LLC ("Madrona IV LLC") is the general partner of Madrona Partners IV. Matthew McIlwain, a member of the issuer's board of directors, together with Tom Alberg, Paul Goodrich, Scott Jacobson, Len Jordon, and Tim Porter, are the managing members of Madrona IV LLC, and each may be deemed to share voting and investment power over the securities held by Madrona Fund IV and Madrona Fund IV-A. Each of such individuals disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the securities' inclusion herein shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purposes.
- [F5]The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the option of the holder or (b) automatically upon (i) any transfer, except for certain permitted transfers, or (ii) the date that is the earliest of (x) the date specified by a vote of the holders of not less than a majority of the outstanding shares of Class B Common Stock, (y) April 26, 2025 and (z) the date that the total number of shares of outstanding Class B Common Stock ceases to represent at least 15% of all outstanding shares of the issuer's common stock, and has no expiration date.
Documents
Issuer
SMARTSHEET INC
CIK 0001366561
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001685189
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 9:43 PM ET
- Size
- 34.4 KB