WILLIAM W. SMITH JR - 07 Mar 2023 Form 4 Insider Report for SMITH MICRO SOFTWARE, INC. (SMSI)

Role: President & CEO, Director
Signature: /s/Jennifer M. Reinke, attorney-in-fact for William W. Smith, Jr.
Issuer symbol: SMSI
Transactions as of: 07 Mar 2023
Transactions value $: $0
Form type: 4
Filing time: 09 Mar 2023, 16:48:05 UTC
Previous filing: 22 Feb 2023
Next filing: 21 Mar 2023
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	+175,000	+59%	$0	471,911	07 Mar 2023	Direct	F1
transaction	SMSI	Common Stock	Disposed to Issuer	$0	-10,081	-2.1%	$0	461,830	09 Mar 2023	Direct	F2
holding	SMSI	Common Stock						4,896,816	07 Mar 2023	Smith Living Trust

* 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 2023 financial performance criteria, with 25% of such amount to vest approximately March 2024 and the remainder in equal monthly installments over the next 36 months.
F2	Shares of restricted stock forfeited in accordance with the terms of grant