Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPRT | Common Stock | Disposed to Issuer | -177K | -100% | 0 | Sep 14, 2021 | Direct | F1, F2, F3 |
Joshua Schechter is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Support.com, Inc., a Delaware corporation (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. |
F2 | (Continued from Footnote 1) Pursuant to the terms of the Merger Agreement, each share of common stock, par value $0.0001 per share, of the Company (the "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"). |
F3 | Represents 151,823 shares of Common Stock and 25,380 restricted stock units held by the Reporting Person. In connection with the Closing, each share of Common Stock and each restricted stock unit held by the Reporting Person as of the Closing was converted into the right to receive 0.115 shares of Greenidge Class A Common Stock. |