Sec Form 4 Filing - Bloom Richard A @ Support.com, Inc. - 2020-05-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bloom Richard A
2. Issuer Name and Ticker or Trading Symbol
Support.com, Inc. [ SPRT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SUPPORT.COM, INC., 777 S. FIGUEROA STREET, SUITE 4600
3. Date of Earliest Transaction (MM/DD/YY)
05/14/2020
(Street)
LOS ANGELES, CA90017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/14/2020 P( 1 ) 644 A $ 1.22 847,393 ( 2 ) D
Common Stock 03/19/2021 M 300,000 A $ 1.74 ( 3 ) 1,147,393 ( 2 ) D
Common Stock 2,500 I By Bloom Family Management, LLC ( 4 )
Common Stock 208,290 I By Bloom Family Investments Limited Partnership ( 4 )
Common Stock 13,420 I By Bloom Family 04 Irrevocable Trust ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) ( 5 ) $ 1.74 ( 3 ) 03/19/2021 M 300,000 ( 6 ) 02/23/2028 Common Stock 300,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bloom Richard A
C/O SUPPORT.COM, INC.
777 S. FIGUEROA STREET, SUITE 4600
LOS ANGELES, CA90017
X
Signatures
/s/ Glenn Douglas Tackett Jr. by power of attorney 03/23/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person is reporting this previous acquisition of shares pursuant to the 2011 Employee Stock Purchase Plan of Support.com, Inc. (the "Company") (the "ESPP Shares").
( 2 )The 866,659 shares of Common Stock listed in Table I of the Reporting Person's Form 4 filed on September 15, 2020 inadvertently (i) excluded the ESPP Shares and (ii) included an amount of 19,910 shares of Common Stock, which was previously sold by the Reporting Person, as previously disclosed on the Reporting Person's Form 4 filed on August 5, 2020.
( 3 )The exercise price of the Option was reduced from $2.74 to $1.74 in connection with the Company's special dividend distribution on December 26, 2019.
( 4 )The Reporting Person disclaims beneficial interests in the reported shares.
( 5 )The Stock Option (Right to Buy) (the "Option") was granted under the Company's 2010 Equity and Performance Incentive Plan, as amended.
( 6 )The Option was fully exercisable as of the grant date on February 23, 2018.

Remarks:
Ex 24 - Power of Attorney

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