4//SEC Filing
Madrona Investment Partners III 4
Accession 0001685189-19-000006
CIK 0001366561other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 8:53 PM ET
Size
34.2 KB
Accession
0001685189-19-000006
Insider Transaction Report
Form 4
SMARTSHEET INCSMAR
Madrona Investment Partners III
10% Owner
Transactions
- Conversion
Class A Common Stock
2019-06-14+164,797→ 164,797 total(indirect: By Madrona Venture Fund III-A, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−863,001$37,540,544→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class B Common Stock
2019-06-14−4,125,207→ 6,132,030 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (4,125,207 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−21,995$956,783→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−164,797→ 244,959 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (164,797 underlying) - Conversion
Class B Common Stock
2019-06-14−863,001→ 1,282,835 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (863,001 underlying) - Conversion
Class A Common Stock
2019-06-14+4,125,207→ 4,125,207 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class B Common Stock
2019-06-14−21,995→ 32,692 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,995 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−4,125,207$179,446,505→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−164,797$7,168,670→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2019-06-14+863,001→ 863,001 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+21,995→ 21,995 total(indirect: By Madrona Venture Fund IV-A, L.P.)
Madrona Venture Fund III L P
10% Owner
Transactions
- Conversion
Class B Common Stock
2019-06-14−863,001→ 1,282,835 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (863,001 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−4,125,207$179,446,505→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−863,001$37,540,544→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+21,995→ 21,995 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−21,995$956,783→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−164,797→ 244,959 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (164,797 underlying) - Conversion
Class A Common Stock
2019-06-14+164,797→ 164,797 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−21,995→ 32,692 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,995 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−164,797$7,168,670→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−4,125,207→ 6,132,030 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (4,125,207 underlying) - Conversion
Class A Common Stock
2019-06-14+863,001→ 863,001 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+4,125,207→ 4,125,207 total(indirect: By Madrona Venture Fund III, L.P.)
Madrona Venture Fund III-A LP
10% Owner
Transactions
- Conversion
Class B Common Stock
2019-06-14−863,001→ 1,282,835 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (863,001 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−21,995$956,783→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−21,995→ 32,692 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,995 underlying) - Conversion
Class A Common Stock
2019-06-14+164,797→ 164,797 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2019-06-14+863,001→ 863,001 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+21,995→ 21,995 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−4,125,207$179,446,505→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−863,001$37,540,544→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+4,125,207→ 4,125,207 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class B Common Stock
2019-06-14−164,797→ 244,959 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (164,797 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−164,797$7,168,670→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−4,125,207→ 6,132,030 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (4,125,207 underlying)
Madrona Venture Fund IV, LP
10% Owner
Transactions
- Sale
Class A Common Stock
2019-06-14$43.50/sh−21,995$956,783→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−4,125,207$179,446,505→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2019-06-14+21,995→ 21,995 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−863,001→ 1,282,835 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (863,001 underlying) - Conversion
Class B Common Stock
2019-06-14−21,995→ 32,692 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,995 underlying) - Conversion
Class B Common Stock
2019-06-14−164,797→ 244,959 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (164,797 underlying) - Conversion
Class A Common Stock
2019-06-14+863,001→ 863,001 total(indirect: By Madrona Venture Fund IV, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−863,001$37,540,544→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class A Common Stock
2019-06-14+164,797→ 164,797 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2019-06-14+4,125,207→ 4,125,207 total(indirect: By Madrona Venture Fund III, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−164,797$7,168,670→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−4,125,207→ 6,132,030 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (4,125,207 underlying)
Madrona Venture Fund IV-A, LP
10% Owner
Transactions
- Sale
Class A Common Stock
2019-06-14$43.50/sh−863,001$37,540,544→ 0 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class B Common Stock
2019-06-14−4,125,207→ 6,132,030 total(indirect: By Madrona Venture Fund III, L.P.)→ Class A Common Stock (4,125,207 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−4,125,207$179,446,505→ 0 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2019-06-14+863,001→ 863,001 total(indirect: By Madrona Venture Fund IV, L.P.) - Conversion
Class B Common Stock
2019-06-14−863,001→ 1,282,835 total(indirect: By Madrona Venture Fund IV, L.P.)→ Class A Common Stock (863,001 underlying) - Conversion
Class A Common Stock
2019-06-14+4,125,207→ 4,125,207 total(indirect: By Madrona Venture Fund III, L.P.) - Conversion
Class A Common Stock
2019-06-14+164,797→ 164,797 total(indirect: By Madrona Venture Fund III-A, L.P.) - Conversion
Class A Common Stock
2019-06-14+21,995→ 21,995 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Sale
Class A Common Stock
2019-06-14$43.50/sh−21,995$956,783→ 0 total(indirect: By Madrona Venture Fund IV-A, L.P.) - Conversion
Class B Common Stock
2019-06-14−21,995→ 32,692 total(indirect: By Madrona Venture Fund IV-A, L.P.)→ Class A Common Stock (21,995 underlying) - Conversion
Class B Common Stock
2019-06-14−164,797→ 244,959 total(indirect: By Madrona Venture Fund III-A,L.P.)→ Class A Common Stock (164,797 underlying) - Sale
Class A Common Stock
2019-06-14$43.50/sh−164,797$7,168,670→ 0 total(indirect: By Madrona Venture Fund III-A, L.P.)
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]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.
- [F4]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.
- [F5]The holder elected to convert the Class B common stock to Class A common stock on a 1-for-1 basis.
Documents
Issuer
SMARTSHEET INC
CIK 0001366561
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001685189
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 8:53 PM ET
- Size
- 34.2 KB