James M. Kempton - 05 Mar 2025 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
05 Mar 2025
Net transactions value
$0
Form type
4
Filing time
07 Mar 2025, 07:36:43 UTC
Previous filing
20 Feb 2025
Next filing
13 Mar 2025
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 +100,000 +146% $0.000000 168,293 05 Mar 2025 Direct F1
transaction SMSI Common Stock Award $0 +57,851 +34% $0.000000 226,144 05 Mar 2025 Direct F2
* 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 2025 financial performance criteria, with 25% of such amount to vest approximately March 2026 and the remainder in equal monthly installments over the next 36 months.
F2 Restricted stock subject to performance-based vesting. Shares will vest in installments subject to satisfaction of performance criteria for the first and second quarters of 2025.