Here are some logs which were generated when a vmadm create command
timed out while creating an LX zone:
less /var/svc/log/system-smartdc-vmadmd\:default.log
...
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"load","vm":"cfc66d03-dbb3-4548-8
da9-8e58643ab22e","level":20,"msg":"loading zonexml_objects took 17
ms","time":"2015-11-27T02:17:56.380Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"load","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":20,"msg":"loading
last_exited took 1 ms","time":"2015-11-27T02:17:56.381Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"load","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":40,"msg":"\"exit_status\"
requested, but not found in cache for VM cfc66d03-dbb3-4548-8da9-8e58643ab22e","time":"2015-11-27T02:17:56.382Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"waitForProvisioning","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":20,"transition_expire":1448590975012,"now":1448590676383,"msg":"waiting
298.629 sec(s) for provisioning","time":"2015-11-27T02:17:56.383Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"waitForProvisioning","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":20,"msg":"setting
provision timeout for cfc66d03-dbb3-4548-8da9-8e58643ab22e","time":"2015-11-27T02:17:56.384Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"waitForProvisioning","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":20,"msg":"created
watcher for cfc66d03-dbb3-4548-8da9-8e58643ab22e","time":"2015-11-27T02:17:56.385Z","v":0}
{"name":"vmadmd","hostname":"00-25-90-b5-25-a8","pid":3506,"level":20,"msg":"still waiting for
cfc66d03-dbb3-4548-8da9-8e58643ab22e to complete provisioning, ignoring additional transition.","time":"2015-11-27T02:17:56.695Z","v":0}
{"name":"vmadmd","hostname":"00-25-90-b5-25-a8","pid":3506,"level":20,"msg":"still waiting for
cfc66d03-dbb3-4548-8da9-8e58643ab22e to complete provisioning, ignoring additional transition.","time":"2015-11-27T02:17:56.754Z","v":0}
{"name":"vmadmd","req_id":"40f46435-83f2-c144-9b0b-837dce03c577","hostname":"00-25-90-b5-25-a8","pid":3506,"action":"waitForProvisioning","vm":"cfc66d03-dbb3-4548-8da9-8e58643ab22e","level":40,"msg":"Marking
VM cfc66d03-dbb3-4548-8da9-8e58643ab22e as a \"failure\" because we hit waitForProvisioning() timeout.","time":"2015-11-27T02:22:55.014Z","v":0}