Form 4 for SMSI SMITH MICRO SOFTWARE, INC.
Accepted 2024-02-23 00:00:00 ET · period of report 2024-02-21 · accession 0001628280-24-006504 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-23 | 2024-02-22 | SMSI | SMITH WILLIAM W JR | Pres, CEO, Dir | F - Tax | $0.78 | -5,060 | 698.5K | -0.7% | -$3,947 | |
| 2024-02-23 | 2024-02-22 | SMSI | SMITH WILLIAM W JR | Pres, CEO, Dir | D - Sale to Iss | $0.00 | -13.6K | 684.9K | -2% | $0 | |
| M | 2024-02-23 | 2024-02-21 | SMSI | SMITH WILLIAM W JR | Pres, CEO, Dir | A - Grant | $0.00 | +350.0K | 703.6K | +99% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-22 | F | D | 5,060 | $0.78 | 698,499 | D | — | — | (F3) Shares withheld, at an average vesting price of $0.78 per share, for the payment of income taxes. |
| 2 | Common | Common Stock | 2024-02-22 | D | D | 13,586 | $0.00 | 684,913 | D | — | — | (F4) Shares of restricted stock forfeited in accordance with the terms of grant. |
| 3 | Common | Common Stock | 2024-02-21 | A | A | 175,000 | $0.00 | 528,559 | D | — | — | (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 2024 financial performance criteria, with 25% of such amount to vest approximately March 2025 and the remainder in equal monthly installments over the next 36 months. |
| 4 | Common | Common Stock | 2024-02-21 | A | A | 175,000 | $0.00 | 703,559 | D | — | — | (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 2024. |