SEC Form 4 · accession 0001140361-16-051756
Support.com, Inc. · SPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roop Kalyan Lakkaraju
Officer — EVP, CFO & COO
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104855
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock OptionsF1 | $0.80 | Feb 9, 2016 | A | 87,500 | A | — | Feb 9, 2026 | Common Stock | 87,500 | 87,500 | D |
| Non-qualified Stock OptionsF2 | $0.80 | Feb 9, 2016 | A | 87,500 | A | — | Feb 9, 2026 | Common Stock | 87,500 | 87,500 | D |
Explanation of responses
- F11/48th of the shares subject to the grant shall vest on each monthly anniversary of the grant date over four years, through February 9, 2020.
- F21/48th of the shares subject to the grant shall vest on each monthly anniversary of the grant date over four years, through February 9, 2020. The grant shall only be exercisable, to the extent vested, following the date as of which the fair market value of the Company's common stock has first equaled or exceeded $1.85 for 20 consecutive trading days.