Filing Details

Accession Number:
0001381752-19-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-13 20:02:25
Reporting Period:
2019-12-11
Accepted Time:
2019-12-13 20:02:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1366561 Smartsheet Inc SMAR Services-Prepackaged Software (7372) 202954357
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1381752 S Matthew Mcilwain C/O Madrona Venture Group
999 Third Ave., 34Th Floor
Seattle WA 98104
Yes No No 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 Disposition 2019-12-11 7,204 $43.05 196,995 No 4 S Direct
Class A Common Stock Disposition 2019-12-13 4,331 $0.00 192,664 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 5 G Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 3,182,606 Indirect By Madrona Venture Fund III, L.P.
Class A Common Stock 127,134 Indirect By Madrona Venture Fund III-A, L.P.
Class A Common Stock 665,809 Indirect By Madrona Venture Fund IV, L.P.
Class A Common Stock 16,967 Indirect By Madrona Venture Fund IV-A, L.P.
Footnotes
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.11 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.
  2. Represents shares of the issuer's Class A Common Stock that the reporting person donated as a gift.
  3. These securities are held of record by Madrona Venture Fund III, L.P ("Madrona Fund III") and Madrona Venture Fund III-A, L.P. ("Madrona Fund III-A"), as applicable. Madrona Investment Partners III, L.P. ("Madrona Partners III") is the general partner of Madrona Fund III and Madrona Fund 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 Fund III and Madrona Fund III-A. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and their inclusion in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.
  4. These securities are held of record by Madrona Venture Fund IV, L.P. ("Madrona Fund IV") and Madrona Venture Fund IV-A, L.P. ("Madrona Fund IV-A"), as applicable. Madrona Investment Partners IV, L.P. ("Madrona Partners IV") is the general partner of Madrona Fund IV and Madrona Fund 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. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and their inclusion in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.