SEC Form 4 · accession 0001140361-17-016551
Support.com, Inc. · SPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Koverman
Officer — VP, Product & Engineering
Period of report
Apr 21, 2017
Accepted (ET)
Apr 24, 2017 · 3:16 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 StockF4 | Apr 21, 2017 | M | 2,445 | $0.00 | A | 9,513 | D | |
| Common StockF1,F4 | Apr 21, 2017 | F | 1,070 | $2.23 | D | 8,443 | 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 UnitF4,F2,F3 | $0.00 | Apr 21, 2017 | M | 2,445 | A | — | — | Common Stock | 2,445 | 2,444 | 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
- F21/3rd of the shares subject to this grant vest on each anniversary of the grant date over three years, through April 21, 2018.
- F3Not applicable.
- F4On 1/20/2017, the Company completed a one-for-three reverse stock split. The reference made to share amounts have been retroactively adjusted to reflect this one-for-three reverse stock split.