Madrona Venture Fund IV-A, LP 4

Accession 0001685189-19-000004

CIK 0001366561other

View on SEC.gov Company Profile

Filed

Mar 24, 8:00 PM ET

Accepted

Mar 25, 8:21 PM ET

Size

34.3 KB

Accession

0001685189-19-000004

Insider Transaction Report

Form 4

Period: 2019-03-21

SMARTSHEET INCSMAR

Madrona Investment Partners III

10% Owner

Transactions

Other
Class A Common Stock
2019-03-21−5,978,560→ 0 total(indirect: By Madrona Venture Fund III, L.P.)
Conversion
Class A Common Stock
2019-03-21+1,250,728→ 1,250,728 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class B Common Stock
2019-03-21−238,836→ 409,756 total(indirect: By Madrona Venture Fund III-A,L.P.)
→ Class A Common Stock (238,836 underlying)
Conversion
Class A Common Stock
2019-03-21+238,836→ 238,836 total(indirect: By Madrona Venture Fund III-A, L.P.)
Conversion
Class A Common Stock
2019-03-21+31,876→ 31,876 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Other
Class A Common Stock
2019-03-21−31,876→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−1,250,728→ 2,145,836 total(indirect: By Madrona Venture Fund IV, L.P.)
→ Class A Common Stock (1,250,728 underlying)
Other
Class A Common Stock
2019-03-21−238,836→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Other
Class A Common Stock
2019-03-21−1,250,728→ 0 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class A Common Stock
2019-03-21+5,978,560→ 5,978,560 total(indirect: By Madrona Venture Fund III, L.P.)
Conversion
Class B Common Stock
2019-03-21−5,978,560→ 10,257,237 total(indirect: By Madrona Venture Fund III, L.P.)
→ Class A Common Stock (5,978,560 underlying)
Conversion
Class B Common Stock
2019-03-21−31,876→ 54,687 total(indirect: By Madrona Venture Fund IV-A, L.P.)
→ Class A Common Stock (31,876 underlying)

Madrona Venture Fund III L P

10% Owner

Transactions

Conversion
Class A Common Stock
2019-03-21+5,978,560→ 5,978,560 total(indirect: By Madrona Venture Fund III, L.P.)
Other
Class A Common Stock
2019-03-21−1,250,728→ 0 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class A Common Stock
2019-03-21+238,836→ 238,836 total(indirect: By Madrona Venture Fund III-A, L.P.)
Conversion
Class A Common Stock
2019-03-21+1,250,728→ 1,250,728 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class B Common Stock
2019-03-21−1,250,728→ 2,145,836 total(indirect: By Madrona Venture Fund IV, L.P.)
→ Class A Common Stock (1,250,728 underlying)
Other
Class A Common Stock
2019-03-21−238,836→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Conversion
Class A Common Stock
2019-03-21+31,876→ 31,876 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−5,978,560→ 10,257,237 total(indirect: By Madrona Venture Fund III, L.P.)
→ Class A Common Stock (5,978,560 underlying)
Conversion
Class B Common Stock
2019-03-21−238,836→ 409,756 total(indirect: By Madrona Venture Fund III-A,L.P.)
→ Class A Common Stock (238,836 underlying)
Other
Class A Common Stock
2019-03-21−5,978,560→ 0 total(indirect: By Madrona Venture Fund III, L.P.)
Other
Class A Common Stock
2019-03-21−31,876→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−31,876→ 54,687 total(indirect: By Madrona Venture Fund IV-A, L.P.)
→ Class A Common Stock (31,876 underlying)

Madrona Venture Fund III-A LP

10% Owner

Transactions

Conversion
Class A Common Stock
2019-03-21+5,978,560→ 5,978,560 total(indirect: By Madrona Venture Fund III, L.P.)
Other
Class A Common Stock
2019-03-21−1,250,728→ 0 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class A Common Stock
2019-03-21+238,836→ 238,836 total(indirect: By Madrona Venture Fund III-A, L.P.)
Other
Class A Common Stock
2019-03-21−238,836→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Other
Class A Common Stock
2019-03-21−31,876→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−238,836→ 409,756 total(indirect: By Madrona Venture Fund III-A,L.P.)
→ Class A Common Stock (238,836 underlying)
Conversion
Class B Common Stock
2019-03-21−31,876→ 54,687 total(indirect: By Madrona Venture Fund IV-A, L.P.)
→ Class A Common Stock (31,876 underlying)
Conversion
Class A Common Stock
2019-03-21+1,250,728→ 1,250,728 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class B Common Stock
2019-03-21−1,250,728→ 2,145,836 total(indirect: By Madrona Venture Fund IV, L.P.)
→ Class A Common Stock (1,250,728 underlying)
Other
Class A Common Stock
2019-03-21−5,978,560→ 0 total(indirect: By Madrona Venture Fund III, L.P.)
Conversion
Class A Common Stock
2019-03-21+31,876→ 31,876 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−5,978,560→ 10,257,237 total(indirect: By Madrona Venture Fund III, L.P.)
→ Class A Common Stock (5,978,560 underlying)

Madrona Venture Fund IV, LP

10% Owner

Transactions

Conversion
Class B Common Stock
2019-03-21−5,978,560→ 10,257,237 total(indirect: By Madrona Venture Fund III, L.P.)
→ Class A Common Stock (5,978,560 underlying)
Conversion
Class A Common Stock
2019-03-21+1,250,728→ 1,250,728 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class B Common Stock
2019-03-21−1,250,728→ 2,145,836 total(indirect: By Madrona Venture Fund IV, L.P.)
→ Class A Common Stock (1,250,728 underlying)
Conversion
Class A Common Stock
2019-03-21+5,978,560→ 5,978,560 total(indirect: By Madrona Venture Fund III, L.P.)
Other
Class A Common Stock
2019-03-21−1,250,728→ 0 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class A Common Stock
2019-03-21+31,876→ 31,876 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Other
Class A Common Stock
2019-03-21−5,978,560→ 0 total(indirect: By Madrona Venture Fund III, L.P.)
Other
Class A Common Stock
2019-03-21−238,836→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−31,876→ 54,687 total(indirect: By Madrona Venture Fund IV-A, L.P.)
→ Class A Common Stock (31,876 underlying)
Conversion
Class A Common Stock
2019-03-21+238,836→ 238,836 total(indirect: By Madrona Venture Fund III-A, L.P.)
Other
Class A Common Stock
2019-03-21−31,876→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−238,836→ 409,756 total(indirect: By Madrona Venture Fund III-A,L.P.)
→ Class A Common Stock (238,836 underlying)

Madrona Venture Fund IV-A, LP

10% Owner

Transactions

Conversion
Class A Common Stock
2019-03-21+5,978,560→ 5,978,560 total(indirect: By Madrona Venture Fund III, L.P.)
Conversion
Class A Common Stock
2019-03-21+1,250,728→ 1,250,728 total(indirect: By Madrona Venture Fund IV, L.P.)
Other
Class A Common Stock
2019-03-21−31,876→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Other
Class A Common Stock
2019-03-21−5,978,560→ 0 total(indirect: By Madrona Venture Fund III, L.P.)
Conversion
Class A Common Stock
2019-03-21+238,836→ 238,836 total(indirect: By Madrona Venture Fund III-A, L.P.)
Other
Class A Common Stock
2019-03-21−1,250,728→ 0 total(indirect: By Madrona Venture Fund IV, L.P.)
Conversion
Class B Common Stock
2019-03-21−238,836→ 409,756 total(indirect: By Madrona Venture Fund III-A,L.P.)
→ Class A Common Stock (238,836 underlying)
Conversion
Class B Common Stock
2019-03-21−1,250,728→ 2,145,836 total(indirect: By Madrona Venture Fund IV, L.P.)
→ Class A Common Stock (1,250,728 underlying)
Conversion
Class A Common Stock
2019-03-21+31,876→ 31,876 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−5,978,560→ 10,257,237 total(indirect: By Madrona Venture Fund III, L.P.)
→ Class A Common Stock (5,978,560 underlying)
Other
Class A Common Stock
2019-03-21−238,836→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
Conversion
Class B Common Stock
2019-03-21−31,876→ 54,687 total(indirect: By Madrona Venture Fund IV-A, L.P.)
→ Class A Common Stock (31,876 underlying)

Footnotes (5)

[F1]Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
[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

1 file

4
wf-form4_155355966320202.xmlPrimary
FORM 4

Issuer

SMARTSHEET INC

CIK 0001366561

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001635160

Filing Metadata

Form type: 4
Filed: Mar 24, 8:00 PM ET
Accepted: Mar 25, 8:21 PM ET
Size: 34.3 KB

View on SEC.gov