William W. Smith Jr. - 05 Mar 2025 Form 4 Insider Report for SMITH MICRO SOFTWARE, INC. (SMSI)

Role: President & CEO, Director
Signature: /s/Jennifer M. Reinke, attorney-in-fact for William W. Smith, Jr.
Issuer symbol: SMSI
Transactions as of: 05 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2025, 07:35:35 UTC
Previous filing: 20 Feb 2025
Next filing: 13 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMSI	Common Stock	Award	$0	+175,000	+271%	$0.000000	239,690	05 Mar 2025	Direct	F1
transaction	SMSI	Common Stock	Award	$0	+123,967	+52%	$0.000000	363,657	05 Mar 2025	Direct	F2
holding	SMSI	Common Stock						3,244,309	05 Mar 2025	Smith Living Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 2025 financial performance criteria, with 25% of such amount to vest approximately March 2026 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 2025.