Filing Details
- Accession Number:
- 0001104916-19-000022
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-08 17:53:30
- Reporting Period:
- 2019-03-28
- Accepted Time:
- 2019-04-08 17:53:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1366561 | Smartsheet Inc | SMAR | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1104916 | Brent Frei | C/O Smartsheet Inc. 10500 Ne 8Th St., Suite 1300 Bellevue WA 98004 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2019-04-04 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | By CC GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-04-04 | 35,000 | $38.37 | 65,000 | No | 4 | S | Indirect | By CC GRAT of 2017 |
| Class A Common Stock | Acquisiton | 2019-04-04 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | By Frei GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-04-04 | 35,000 | $38.44 | 65,000 | No | 4 | S | Indirect | By Frei GRAT of 2017 |
| Class A Common Stock | Acquisiton | 2019-04-04 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | By KF GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-04-04 | 35,000 | $38.37 | 65,000 | No | 4 | S | Indirect | By KF GRAT of 2017 |
| Class A Common Stock | Acquisiton | 2019-04-04 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | By MF GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-04-04 | 35,000 | $38.37 | 65,000 | No | 4 | S | Indirect | By MF GRAT of 2017 |
| Class A Common Stock | Acquisiton | 2019-04-04 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | By SD GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-04-04 | 35,000 | $38.37 | 65,000 | No | 4 | S | Indirect | By SD GRAT of 2017 |
| Class A Common Stock | Disposition | 2019-03-28 | 75,000 | $0.00 | 147,814 | No | 5 | G | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By CC GRAT of 2017 |
| No | 4 | S | Indirect | By CC GRAT of 2017 |
| No | 4 | C | Indirect | By Frei GRAT of 2017 |
| No | 4 | S | Indirect | By Frei GRAT of 2017 |
| No | 4 | C | Indirect | By KF GRAT of 2017 |
| No | 4 | S | Indirect | By KF GRAT of 2017 |
| No | 4 | C | Indirect | By MF GRAT of 2017 |
| No | 4 | S | Indirect | By MF GRAT of 2017 |
| No | 4 | C | Indirect | By SD GRAT of 2017 |
| No | 4 | S | Indirect | By SD GRAT of 2017 |
| No | 5 | G | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2019-04-04 | 100,000 | $0.00 | 100,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2019-04-04 | 100,000 | $0.00 | 100,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2019-04-04 | 100,000 | $0.00 | 100,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2019-04-04 | 100,000 | $0.00 | 100,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2019-04-04 | 100,000 | $0.00 | 100,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 5,736,227 | 5,736,227 | Direct | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 25,000 | 25,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 25,000 | 25,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 25,000 | 25,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 25,000 | 25,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 25,000 | 25,000 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 5,736,227 | 5,736,227 | Direct | |
| 25,000 | 25,000 | Indirect | |
| 25,000 | 25,000 | Indirect | |
| 25,000 | 25,000 | Indirect | |
| 25,000 | 25,000 | Indirect | |
| 25,000 | 25,000 | Indirect |
Footnotes
- Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
- These securities are held of record by Brent Frei, Trustee of each of the CC GRAT of 2017, the Frei GRAT of 2017, the KF GRAT of 2017, the MF GRAT of 2017 and the SD GRAT of 2017.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.3677 to $38.43 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.3648 to $38.416 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.3661 to $38.4156 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.3679 to $38.4654 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each share of the issuer's Class B Common Stock will convert into 1 share of the issuer's Class A Common Stock (a) at the option of the holder or (b) automatically upon (i) any transfer which occurs after the closing of the IPO, 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) seven years from the effective date of the IPO 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.
- The holder elected to convert the Class B common stock to Class A common stock on a 1-for-1 basis.
- These securities are held of record by Mark A. Frei, Trustee of each of the Samantha Frei Irrevocable Trust dated January 7, 2018, Sofia Frei Irrevocable Trust dated January 7, 2018, Tessa Frei Irrevocable Trust dated January 7, 2018, Thomas Frei Irrevocable Trust dated January 7, 2018, and Tucker Frei Irrevocable Trust dated January 7, 2018, trusts for the benefit of the reporting person's minor 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.
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