210 Capital, LLC - Sep 14, 2021 Form 3 Insider Report for Greenidge Generation Holdings Inc. (GREE)

Role
10%+ Owner
Signature
210 CAPITAL, LLC, By: Covenant RHA Partners, L.P., Its: Member, By: /s/ Robert Alpert, Its: Authorized Signatory, By: CCW/Law Holdings, LLC, Its: Member, By: /s/ C. Clark Webb, Its: Authorized Signatory
Stock symbol
GREE
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
3
Date filed
9/14/2021, 09:50 PM
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GREE Class A common stock, par value $0.0001 per share 1.01M Sep 14, 2021 Direct F1, F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GREE Class B common stock, par value $0.0001 per share Sep 14, 2021 Class A common stock, par value $0.0001 per share 720K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is being filed by (i) 210 Capital, LLC ("210 Capital"), in its capacity as a direct holder of 1,011,809 shares of Class A common stock of Greenidge Generation Holdings Inc. (the "Issuer"), (ii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as a member of 210 Capital, (iii) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as a member of 210 Capital, (iv) C. Clark Webb, in his capacity as sole member of CCW Holdings, (v) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners, and (vi) Robert H. Alpert, in his capacity as President and sole shareholder of RHA Investments (collectively, the "Reporting Persons").
F2 The shares of the Issuer's Class A common stock are held directly by 210 Capital.
F3 The shares of the Issuer's Class B common stock are held directly by 210 Capital and are convertible into shares of Class A common stock on a one-for-one basis, subject to a conversion cap limit pursuant to an agreement with the Issuer that provides such Class B common stock may not be converted into Class A common stock if, after such conversion, 210 Capital, together with its affiliates and any other person acting together with it and its affiliates, would beneficially own, as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, more than 4.99% or 9.99%, as applicable, of the Issuer's then issued and outstanding shares of Class A common stock. 210 Capital may increase or decrease its beneficial ownership limitation upon giving notice to the Issuer, which such increase or decrease will not be effective until the 61st day after the notice is delivered to the Issuer.
F4 The Reporting Persons disclaim beneficial ownership of these shares of the Issuer's common stock, except to the extent of his or its pecuniary interest therein, and the filing of this Form 3 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.