SMITH MICRO SOFTWARE, INC. — Director's Dealing 2022

Mar 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH MICRO SOFTWARE, INC. (SMSI)
CIK: 0000948708
Period of Report: 2022-02-25

Reporting Person: SMITH WILLIAM W JR (Director, President & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-25	Common Stock	G	4324897	$0.00	Disposed	321038	Direct
2022-03-07	Common Stock	A	175000	$0.00	Acquired	496038	Direct
2022-02-25	Common Stock	G	4324897	$0.00	Acquired	4779925	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6000	Direct

Footnotes

F1: On February 25, 2022, Mr. Smith made a gift of 4,324,897 shares to the Smith Living Trust.

F2: It was determined through routine review that previously reported total securities directly held by the reporting person were undercounted by 15 shares, not attributable to any specific, known transaction. This amount reflects the reporting person's total direct holdings as of the date indicated, inclusive of such 15 shares.

F3: 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.

F4: Includes 455,028 shares formerly held in the William W. Smith, Jr. Revocable Trust, which were transferred to the Smith Living Trust on February 23, 2022.

F5: Held in the William W. Smith, Jr. IRA