Smith Micro Software 8-K 2017
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 28, 2016
Smith Micro Software, Inc.
(Exact name of Registrant as Specified in Its Charter)
Registrant’s Telephone Number, Including Area Code: (949) 362-5800
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 3, 2017, Rick Carpenter resigned as Senior Vice President of Engineering of Smith Micro Software, Inc. (the “Company”). On that same date, Mr. Carpenter entered into a Resignation Severance and Release Agreement (the “Agreement”). The Agreement provides that in exchange for helping with the transition of his responsibilities, Mr. Carpenter will be provided with benefits consisting of (i) a lump-sum payment of $9,815.38 (ii) accelerated vesting of 52,527 shares of restricted stock, and (iii) a consulting agreement for $6,000.00 per month for the months of February and March 2017.
On October 28, 2016, Carla Fitzgerald resigned as Chief Marketing Officer of the Company to pursue other opportunities.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.