James M. Kempton - 07 Mar 2022 Form 4 Insider Report for SMITH MICRO SOFTWARE, INC. (SMSI)

Role
VP, CFO and Treasurer
Signature
/s/Jennifer M. Reinke, attorney-in-fact for James M. Kempton
Issuer symbol
SMSI
Transactions as of
07 Mar 2022
Transactions value $
$0
Form type
4
Filing time
09 Mar 2022, 17:32:56 UTC
Previous filing
04 Nov 2021
Next filing
20 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMSI Common Stock Award $0 +100K +755.06% $0.00 113K 07 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock subject to time-based and performance-based vesting. 50% of shares vest in equal monthly installments over 48 months, subject to continuing employment. 50% of shares vest subject to satisfaction of 2022 financial performance criteria, with 25% of such amount to vest approximately March 2023 and the remainder in equal monthly installments over the next 36 months.