Garg Praerit 4
4 · SMARTSHEET INC · Filed Dec 13, 2024
Insider Transaction Report
Form 4
SMARTSHEET INCSMAR
Garg Praerit
President of Product & Innov.
Transactions
- Exercise/Conversion
Class A Common Stock
2024-12-11+10,040→ 178,093 total - Tax Payment
Class A Common Stock
2024-12-11$55.97/sh−3,951$221,137→ 174,142 total - Exercise/Conversion
Performance Stock Unit (PSU) (Class A)
2024-12-11−10,040→ 10,041 totalExp: 2034-12-11→ Class A Common Stock (10,040 underlying) - Award
Performance Stock Unit (PSU) (Class A)
2024-12-11+20,081→ 20,081 totalExp: 2034-12-11→ Class A Common Stock (20,081 underlying)
Footnotes (4)
- [F1]Each PSU 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 PSUs and does not represent a sale by the reporting person.
- [F3]The reporting person earned 20,081 PSUs upon the achievement of certain performance criteria as certified by the Compensation Committee of the issuer's Board of Directors ("Compensation Committee") on December 11, 2024.
- [F4]The PSUs vested as to 50% upon certification by the Compensation Committee, and then 12.5% of the total PSUs shall vest quarterly thereafter, subject to continued service through each vesting date.