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SMITH MICRO SOFTWARE, INC. — Director's Dealing 2021
Feb 18, 2021
35070_dirs_2021-02-18_a7e2114e-00ee-4696-8a34-9758500dafaf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMITH MICRO SOFTWARE, INC. (SMSI)
CIK: 0000948708
Period of Report: 2021-02-16
Reporting Person: SMITH WILLIAM W JR (Director, President & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | Common Stock | A | 175000 | $0.00 | Acquired | 4535677 | Direct |
| 2021-02-18 | Common Stock | F | 4181 | $7.72 | Disposed | 4531496 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 455028 | Indirect |
| Common Stock | 6000 | Direct |
Footnotes
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 2021 financial performance criteria, with 25% of such amount to vest approximately March 2022 and the remainder in equal monthly installments over the next 36 months.
F2: Shares withheld, at an average vesting price of $7.72 per share, for payment of income taxes.
F3: Held in the William W. Smith, Jr. IRA