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Filing Details

Accession Number:: 0000899243-21-036154
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-15 18:27:13
Reporting Period:: 2021-09-14

Accepted Time:: 2021-09-15 18:27:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1104855	Support.com Inc.	SPRT	Services-Computer Processing & Data Preparation (7374)	943282005

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1297499	Lance Rosenzweig	C/O Support.com, Inc. 777 S. Figueroa St Suite 4600, Dpt # 2009 Los Angeles CA 90017	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-05-14	10,000	$1.65	113,157	No	4	P	Direct
Common Stock	Acquisiton	2021-09-01	9,727	$2.19	122,884	No	4	P	Direct
Common Stock	Disposition	2021-09-14	122,884	$0.00	0	No	4	D	Direct
Common Stock	Disposition	2021-09-14	100,000	$0.00	0	No	4	D	Indirect	By the Lance Evan Rosenzweig Living Trust dated January 9, 2017

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	D	Direct
No	4	D	Indirect	By the Lance Evan Rosenzweig Living Trust dated January 9, 2017

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option	Disposition	2021-09-14	600,000	$0.00	600,000	$1.61
Common Stock	Non-Qualified Stock Option	Disposition	2021-09-14	322,223	$0.00	322,223	$1.61

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2030-08-10	No	4	D	Direct
0		2030-08-10	No	4	D	Direct

Footnotes

The Reporting Person is reporting the acquisition of 10,000 shares of common stock, par value $0.0001 per share, of Support.com, Inc., a Delaware corporation (the "Company") (the "Common Stock") pursuant to the Company's Amended and Restated 2011 Employee Stock Purchase Plan, on May 14, 2021.
The Reporting Person is reporting the acquisition of 9,727 shares of Common Stock pursuant to the Company's Amended and Restated 2011 Employee Stock Purchase Plan, on September 1, 2021.
The Company entered into an Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 19, 2021, by and among the Company, Greenidge Generation Holdings Inc., a Delaware corporation ("Greenidge") and GGH Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Greenidge ("Merger Sub"). On September 14, 2021, Merger Sub merged with and into the Company, the separate corporate existence of Merger Sub ceased and the Company survived the merger as a direct wholly owned subsidiary of Greenidge.
(Continued from Footnote 3) Pursuant to the terms of the Merger Agreement, (i) each share of Common Stock and each restricted stock unit of the Company that was outstanding as of the closing of the merger (the "Closing") was converted into the right to receive 0.115 shares of class A common stock, par value $0.0001 per share, of Greenidge (the "Greenidge Class A Common Stock") (the "Exchange Ratio") and (ii) each holder of an option to purchase Common Stock that was outstanding as of the Closing received an amount of shares of Greenidge Class A Common Stock equal to the Exchange Ratio, multiplied by the number of shares of Common Stock underlying such option, less a number of shares of Greenidge Class A Common Stock to be withheld in satisfaction of the aggregate exercise price of such option and, unless such holder has elected to satisfy such obligation with cash, such holder's tax withholding obligations.
Represents 97,504 shares of Common Stock and 25,380 restricted stock units held by the Reporting Person.
The non-qualified stock option was granted to the Reporting Person under the Company's Third Amended and Restated 2010 Equity and Performance Incentive Plan ("2010 Option").
The vesting of the shares subject to the 2010 Option are subject to a performance vesting requirement and a service vesting requirement, both of which must be satisfied during the term of the 2010 Option. Each share subject to the 2010 Option becomes vested on the later of the satisfaction of the performance vesting requirement and completion of the service vesting requirement.
The non-qualified stock option was granted to the Reporting Person under the Company's 2014 Inducement Award Plan ("2014 Option").
Subject to Reporting Person's continued employment with the Company, 1/36th of the shares subject to the 2014 Option vest each month beginning on August 10, 2020 ("Start Date"), with full vesting on the three (3) year anniversary of the Start Date.