Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMSI | Common Stock | Disposed to Issuer | $0 | -1.16K | -0.25% | $0.00 | 457K | Nov 30, 2023 | Direct | F1 |
transaction | SMSI | Common Stock | Sale | -$11.8K | -17.7K | -3.87% | $0.67 | 439K | Dec 1, 2023 | Direct | F2 |
holding | SMSI | Common Stock | 4.94M | Nov 30, 2023 | Smith Living Trust |
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).
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 |