Mandeberg Richard 4
4 · Support.com, Inc. · Filed Oct 9, 2009
Insider Transaction Report
Form 4
Mandeberg Richard
Chief Revenue Officer
Transactions
- Award
Employee Stock Option (right to buy)
2009-08-21+374,000→ 374,000 totalExercise: $2.32Exp: 2016-08-21→ Common Stock (374,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-08-21−100,000→ 0 totalExercise: $4.10Exp: 2014-11-13→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-08-21−374,000→ 0 totalExercise: $5.18Exp: 2013-12-18→ Common Stock (374,000 underlying) - Award
Employee Stock Option (right to buy)
2009-08-21+100,000→ 100,000 totalExercise: $2.32Exp: 2016-08-21→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]25% of the total number of shares subject to the option vest on the one year anniversary of the Vesting Commencement Date and 1/48th of the total number of shares subject to the option vest on the monthly anniversary of the Vesting Commencement Date thereafter.
- [F2]On August 21, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option for 374,000 shares of SPRT common stock granted to the reporting person on December 18, 2006. In the exchange, the reporting person received a replacement option for 374,000 shares, having an exercise price of $2.32 per share.
- [F3]One third of the total number of shares subject to the option vest on the one year anniversary of the Transaction Date and 1/36th of the total number of shares subject to the option shall vest on the monthly anniversary of the Transaction Date thereafter.
- [F4]1/48th of the total number of shares subject to the option vest on the montly anniversary of the Vesting Commencement Date.
- [F5]On August 21, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option for 100,000 shares of SPRT common stock granted to the reporting person on November 13, 2007. In the exchange, the reporting person received a replacement option for 100,000 shares, having an exercise price of $2.32 per share.