PICKUS JOSHUA 4

Accession 0001140361-13-013629

CIK 0001104855other

View on SEC.gov Company Profile

Filed

Mar 20, 8:00 PM ET

Accepted

Mar 21, 6:38 PM ET

Size

17.2 KB

Accession

0001140361-13-013629

Insider Transaction Report

Form 4

Period: 2013-03-19

Support.com, Inc.SPRT

PICKUS JOSHUA

DirectorCEO

Transactions

Award
Restricted Stock Unit
2013-03-19+166,500→ 166,500 total
Exercise: $0.00→ Common Stock (166,500 underlying)
Award
Restricted Stock Unit
2013-03-19+99,900→ 99,900 total
Exercise: $0.00→ Common Stock (99,900 underlying)
Award
Restricted Stock Unit
2013-03-19+66,600→ 66,600 total
Exercise: $0.00→ Common Stock (66,600 underlying)
Award
Restricted Stock Unit
2013-03-19+90,000→ 90,000 total
Exercise: $0.00→ Common Stock (90,000 underlying)
Award
Restricted Stock Unit
2013-03-19+60,000→ 60,000 total
Exercise: $0.00→ Common Stock (60,000 underlying)

Footnotes (9)

[F1]If the Company achieves 90% or more of its Board-approved target revenue for fiscal year 2013, then 50% to 100% of the shares subject to this grant (based on a straight-line sliding scale of revenue achieved between 90% and 100% of plan) shall vest in accordance with Column 6. No shares subject to this grant may vest if the Company achieves less than 90% of such target revenue. In no case shall more than 100% of the shares vest.
[F2]If the Company achieves 90% or more of its Board-approved target non-GAAP adjusted net income for fiscal year 2013, then 50% to 100% of the shares subject to this grant (based on a straight-line sliding scale of income achieved between 90% and 100% of plan) shall vest in accordance with Column 6. No shares subject to this grant may vest if the Company achieves less than 90% of such target income. In no case shall more than 100% of the shares vest.
[F3]If the Company achieves 100% or more of its Board-approved target revenue for fiscal year 2013, then 0% to 100% of the shares subject to this grant (based on a straight-line sliding scale of revenue achieved between 100% and 105% of plan) shall vest in accordance with Column 6. No shares subject to this grant may vest if the Company achieves 100% or less of such target revenue. In no case shall more than 100% of the shares vest.
[F4]If the Company achieves 100% or more of its Board-approved target non-GAAP adjusted net income for fiscal year 2013, then 0% to 100% of the shares subject to this grant (based on a straight-line sliding scale of income achieved between 100% and 110% of plan) shall vest in accordance with Column 6. No shares subject to this grant may vest if the Company achieves 100% or less of such target income. In no case shall more than 100% of the shares vest.
[F5]1/3rd of the shares subject to the grant vest on the first anniversary of the grant date (i.e. March 19, 2014), and 1/6th of the shares subject to the grant vest on each six-month anniversary thereafter over the next two years, through March 19, 2016.
[F6]This grant is eligible for 100% acceleration in the event of a Change of Control followed within one year by termination without cause or resignation for Good Reason by the grantee.
[F7]This grant is eligible for 100% acceleration in the event of a Change of Control followed within one year by termination without cause or resignation for Good Reason by the grantee provided, however, that if the Change of Control occurs prior to the date performance targets are actually met as determined by the Compensation Committee of the Board of Directors, this grant will be eligible for full acceleration at the 100% target level.
[F8]This grant is eligible for 100% acceleration in the event of a Change of Control followed within one year by termination without cause or resignation for Good Reason by the grantee provided, however, that this grant is not eligible for any Change of Control acceleration provisions unless and until performance targets are actually met as determined by the Compensation Committee of the Board of Directors.
[F9]Not applicable

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

Support.com, Inc.

CIK 0001104855

→

Entity typeother

Related Parties

filerCIK 0001242729

Filing Metadata

Form type: 4
Filed: Mar 20, 8:00 PM ET
Accepted: Mar 21, 6:38 PM ET
Size: 17.2 KB

View on SEC.gov