Dale Irwin - 29 Jan 2024 Form 4 Insider Report for Greenidge Generation Holdings Inc. (GREE)

Role
President
Signature
/s/ Dale Irwin
Issuer symbol
GREE
Transactions as of
29 Jan 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 12:54:17 UTC
Previous filing
27 Feb 2024
Next filing
01 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GREE Class A Common Stock Options Exercise +77,245 77,245 29 Jan 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GREE Class B Common Stock Options Exercise -77,245 -100% 0 29 Jan 2024 Class A Common Stock 77,245 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed late due to an inadvertent administrative oversight and not any error of the Reporting Person.
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and would have automatically converted, without further action by the holder, on the date that was five years after the date the Class A Common Stock was first registered under Section 12(b) or 12(g) of the Exchange Act of 1934. On January 29, 2024, the Reporting Person elected to convert his shares of Class B Common Stock into shares of Class A Common Stock on a one for one basis in an exempt transaction with the Issuer.
F3 772,444 shares of Class B Common Stock adjusted to reflect the Issuer's 10 to 1 reverse stock split in May 2023.