Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMSI | Common Stock | Award | $0 | +175K | +49.5% | $0.00 | 529K | Feb 21, 2024 | Direct | F1 |
transaction | SMSI | Common Stock | Award | $0 | +175K | +33.11% | $0.00 | 704K | Feb 21, 2024 | Direct | F2 |
transaction | SMSI | Common Stock | Tax liability | -$3.95K | -5.06K | -0.72% | $0.78 | 698K | Feb 22, 2024 | Direct | F3 |
transaction | SMSI | Common Stock | Disposed to Issuer | $0 | -13.6K | -1.95% | $0.00 | 685K | Feb 22, 2024 | Direct | F4 |
holding | SMSI | Common Stock | 5.01M | Feb 21, 2024 | Smith Living Trust |
Id | Content |
---|---|
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. |
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. |
F3 | Shares withheld, at an average vesting price of $0.78 per share, for the payment of income taxes. |
F4 | Shares of restricted stock forfeited in accordance with the terms of grant. |