SEC Form 4 · accession 0001140361-16-057880
Support.com, Inc. · SPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shawn Farshchi
Director
Period of report
Mar 14, 2016
Accepted (ET)
Mar 15, 2016 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104855
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 14, 2016 | M | 34,722 | $0.00 | A | 67,765 | D | |
| Common Stock | Mar 14, 2016 | F | 12,232 | $0.8534 | D | 55,533 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | $0.00 | Mar 14, 2016 | M | 34,722 | D | — | — | Common Stock | 34,722 | 0 | D |
Explanation of responses
- F1Shares of Common Stock were withheld by the Company to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units. The withheld shares were returned to treasury.
- F2In connection with his resignation as a director of the Company, The Board of Directors approved the accelerated vesting of all shares subject to this grant as of 3/14/2016.
- F3Not applicable.