James M. Kempton - Mar 13, 2024 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
Mar 13, 2024
Transactions value $
-$1,681
Form type
4
Date filed
3/15/2024, 04:34 PM
Previous filing
Feb 23, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMSI Common Stock Sale -$1.68K -4.8K -1.16% $0.35 408K Mar 13, 2024 Direct F1
* 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 Sell-to-cover transaction to satisfy withholding tax obligation in connection with the vesting of a restricted stock award