Caroline Rook - 14 Sep 2021 Form 4 Insider Report for Support.com, Inc.

Reporting relationship: Chief Financial Officer
Issuer ticker: N/A
Reported as of: 14 Sep 2021
Net transaction value: +$11,541
SEC form: 4
Accepted by SEC: 15 Sep 2021, 18:27:09 UTC
Prior SEC filing: 18 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Caroline Rook

Key filing fact

Caroline Rook filed Form 4 for Support.com, Inc. on 15 Sep 2021.

Key facts

This page summarizes Caroline Rook's Form 4 filing for Support.com, Inc..
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Sep 2021, 18:27.

Change

Previous filing in this sequence was filed on 18 Aug 2021.
Current net transaction value: +$11,541.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPRT transaction

Common Stock

Purchase

Transaction value: $11,541
Shares: +5,282
Change %: +19%
Price: $2.18^*
Shares after: 32,665
Date: 01 Sep 2021
Ownership: Direct
Footnotes: F1

SPRT transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -32,665
Change %: -100%
Price
Shares after: 0
Date: 14 Sep 2021
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPRT transaction Derivative

Stock Options (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -79,167
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Sep 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 79,167
Exercise price: $1.72
Footnotes: F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Caroline Rook is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

The Reporting Person is reporting the acquisition of 5,282 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 September 1, 2021.

Footnote F2

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.

Footnote F3

(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.

Footnote F4

The stock option was granted to the Reporting Person under the Company's Third Amended and Restated 2010 Equity and Performance Incentive Plan ("Option").

Footnote F5

1/48th of the shares subject to the Option vests monthly over a four (4) year period, with 1/48th becoming vested and exercisable on each of the first 48 monthly anniversaries beginning on the date of grant of the Option.