James M. Kempton - Nov 30, 2023 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
Stock symbol
SMSI
Transactions as of
Nov 30, 2023
Transactions value $
-$4,543
Form type
4
Date filed
12/1/2023, 06:09 PM
Previous filing
Nov 20, 2023
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMSI Common Stock Disposed to Issuer $0 -577 -0.23% $0.00 246K Nov 30, 2023 Direct F1
transaction SMSI Common Stock Sale -$4.54K -6.78K -2.76% $0.67 239K Dec 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares of restricted stock forfeited in accordance with the terms of grant
F2 Sell-to-cover transaction to satisfy withholding tax obligation in connection with the vesting of a restricted stock award