0000899243-21-036154.txt : 20210915
0000899243-21-036154.hdr.sgml : 20210915
20210915182713
ACCESSION NUMBER: 0000899243-21-036154
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210914
FILED AS OF DATE: 20210915
DATE AS OF CHANGE: 20210915
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rosenzweig Lance
CENTRAL INDEX KEY: 0001297499
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37594
FILM NUMBER: 211256415
MAIL ADDRESS:
STREET 1: 3525 PIEDMONT RD., NE
STREET 2: BUILDING 6, SUITE 700
CITY: ATLANTA
STATE: GA
ZIP: 30305
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Support.com, Inc.
CENTRAL INDEX KEY: 0001104855
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 943282005
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1521 CONCORD PIKE (US 202)
STREET 2: SUITE 301
CITY: WILMINGTON
STATE: DE
ZIP: 19803
BUSINESS PHONE: 650-556-9440
MAIL ADDRESS:
STREET 1: 1521 CONCORD PIKE (US 202)
STREET 2: SUITE 301
CITY: WILMINGTON
STATE: DE
ZIP: 19803
FORMER COMPANY:
FORMER CONFORMED NAME: SUPPORTSOFT INC
DATE OF NAME CHANGE: 20020328
FORMER COMPANY:
FORMER CONFORMED NAME: SUPPORT COM INC
DATE OF NAME CHANGE: 20000201
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-09-14
1
0001104855
Support.com, Inc.
SPRT
0001297499
Rosenzweig Lance
C/O SUPPORT.COM, INC. 777 S. FIGUEROA ST
SUITE 4600, DPT # 2009
LOS ANGELES
CA
90017
1
1
0
0
President and CEO
Common Stock
2021-05-14
4
P
0
10000
1.649
A
113157
D
Common Stock
2021-09-01
4
P
0
9727
2.185
A
122884
D
Common Stock
2021-09-14
4
D
0
122884
D
0
D
Common Stock
2021-09-14
4
D
0
100000
D
0
I
By the Lance Evan Rosenzweig Living Trust dated January 9, 2017
Non-Qualified Stock Option
1.61
2021-09-14
4
D
0
600000
0.00
D
2030-08-10
Common Stock
600000
0
D
Non-Qualified Stock Option
1.61
2021-09-14
4
D
0
322223
0.00
D
2030-08-10
Common Stock
322223
0
D
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.
/s/ Lance Rosenzweig
2021-09-15