Registration No. 333-          
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
____________________
 
Support.com, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
(State or other jurisdiction of
incorporation or organization)
 
94-3282005
(I.R.S. Employer
Identification No.)
 
 
 
1521 Concord Pike (US 202), Suite 301
Willington, DE (Address of principal executive offices)
 
 
19803
(Zip Code)
Support.com, Inc. Third Amended and Restated 2010 Equity and Performance Incentive Plan
Support.com, Inc. Amended and Restated 2011 Employee Purchase Plan
 
(Full title of the plan)
 
Olivia F. Mirzoyev
SVP for Business Affairs and General Counsel
Support.com, Inc.
1200 Crossman Ave., Suite 210
Sunnyvale, California 94089
(650) 556-9440
 
 (Name, address and telephone number of agent for service)
 
copy to:
 
James J. Masetti, Esq.
Pillsbury Winthrop Shaw Pittman LLP
2550 Hanover Street
Palo Alto, CA 94304
Telephone: (650) 233-4500
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “small reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
 
12b-2 of the Exchange Act.
Large accelerated filer  ☐
 
Accelerated filer  ☐
Non-accelerated filer  ☐ (Do not check if a smaller reporting company)
 
Smaller reporting company  ☒
 
 
Emerging growth company  ☐ 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.
 
 
 
 
CALCULATION OF REGISTRATION FEE
 
Title of Securities
To Be Registered
 
Amount To
Be Registered(1)
 
 
Proposed
Maximum Offering
Price Per Share(2)
 
 
Proposed
Maximum Aggregate
Offering Price(2)
 
 
Amount of
Registration Fee
 
Common Stock, par value $0.0001 per share
 
 
 
 
 
 
 
 
 
 
 
 
- Shares reserved for future grant under the Third Amended and Restated 2010 Equity and Performance Incentive Plan
  2,000,000 
 $1.71 
 $3,420,000.00 
 $443.92 
- Shares reserved for future grant under the Amended and Restated 2011 Employee Purchase Plan
  1,000,000 
 $1.71 
 $1,710,000.00 
 $221.96 
Total
  3,000,000 
    
 $5,130,000.00 
 $665.88 
 
(1) 
Pursuant to Rule 416 of the Securities Act of 1933 (the “Securities Act”), this Registration Statement on Form S-8 also covers any additional securities that may be offered or issuable under Support.com. Inc.’s Third Amended and Restated 2010 Equity and Performance Incentive Plan or Amended and Restated 2011 Employee Purchase Plan in connection with any stock split, stock dividend, recapitalization or any other similar transaction effected without receipt of consideration, which results in an increase in the number of the Registrant’s outstanding shares of Common Stock.
(2) 
Estimated in accordance with Rule 457(c) and 457(h) under the Securities Act, solely for the purposes of calculating the registration fee on the basis of the average of the high and low prices of the Common Stock as reported on the Nasdaq Capital Market on August 4, 2020.
 
____________________
 
The Registration Statement shall become effective upon filing in accordance with Rule 462 under the Securities Act.
 
 
 
 
PART I
INFORMATION REQUIRED IN THE PROSPECTUS
 
This Registration Statement is being filed for the purpose of increasing the number of securities of the same class as other securities for which certain Registration Statements on Form S-8 relating to the same employee benefit plans are effective. Suport.com, Inc.’s (the “Registrant”) Registrant’s Registration Statements on Form S-8 filed with the Securities and Exchange Commission (the “Commission”) (File Nos.  333-172230, 333-194426, 333-208545, 333-213505 and 333-173802), excluding reports that the Registrant filed with the Commission that were incorporated into the Form S-8 Registration Statements in order to maintain current information about the Registrant, are hereby incorporated by reference into this Registration Statement pursuant to General Instruction E of Form S-8.
 
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
 
Item 3.   Incorporation of Documents by Reference.
 
The following documents and information previously filed with the SEC by the Registrant are incorporated by reference herein.
 
(a)
Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019.
 
(b)
Registrant’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2020.
 
(c)
Registrant’s Current Report on Form 8-K filed with the Commission on March 18, 2020 (with respect to Item 8.01 only), April 24, 2020 and June 10, 2020.
 
(d)
The description of Registrant’s Capital Stock contained in the Registrant’s registration statement on Form 8-A/A, filed on August 22, 2019 pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including any amendment or report filed for the purpose of updating such description.
 
In addition, all documents filed by Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (excluding any portions thereof furnished by the Registrant, including but not limited to information furnished under Item 2.02 and Item 7.01 and any exhibits relating to Item 2.02 or Item 7.01 furnished under Item 9.01 of Form 8-K and any certification required by 18 U.S.C. § 1350), on or after the date of this Registration Statement, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents.
 
Any statement contained in this Registration Statement or in a document incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement or in any subsequently filed document that is deemed to be incorporated by reference in this Registration Statement modifies or supersedes such statement.
 
Item 4.   Description of Securities.
 
Not applicable.
 
Item 5.   Interests of Named Experts and Counsel.
 
Not applicable.
 
Item 6.   Indemnification of Directors and Officers.
 
Section 145 of the General Corporation Law of the State of Delaware (the “DGCL”) provides for the indemnification of officers, directors, and other corporate agents in terms sufficiently broad to indemnify such persons under certain circumstances for liabilities (including reimbursement for expenses incurred) arising under the Securities Act. Article XI.B of the Registrant’s Amended and Restated Certificate of Incorporation, as amended, and Article XII of the Registrant’s Amended and Restated Bylaws provide for indemnification of the Registrant’s directors, officers, employees and other agents to the extent and under the circumstances permitted by the DGCL. The Registrant has also entered into agreements with its directors and officers that will require the Registrant, among other things, to indemnify them against certain liabilities that may arise by reason of their status or service as directors or officers to the fullest extent not prohibited by law.
 
 
3
 
 
 
 
Item 7.   Exemption from Registration Claimed.
 
Not applicable.
 
Item 8.   Exhibits.
 
Exhibit No.
 
Description
 
Support.com, Inc. Third Amended and Restated 2010 Equity and Performance Incentive Plan (incorporated by reference to Support.com, Inc.’s proxy statement on Schedule 14a, filed with the Commission on April 24, 2020).
 
Support.com, Inc. Amended and Restated 2011 Employee Purchase Plan (incorporated by reference to Support.com, Inc.’s proxy statement on Schedule 14a, filed with the Commission on April 24, 2020).
 
Opinion of Pillsbury Winthrop Shaw Pittman LLP.
 
Consent of Plante & Moran PLLC, independent registered public accounting firm.
 
Consent of Pillsbury Winthrop Shaw Pittman LLP (included in Exhibit 5.1).
 
Power of Attorney (contained on the signature page hereto).
 
Item 9.   Undertakings.
 
(a) The undersigned Registrant hereby undertakes:
 
(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
 
(i) To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
 
(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) (§ 230.424(b) of this chapter) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and
 
(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
 
Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in the registration statement.
 
(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
 
 
4
 
 
(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
 
(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
 
(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
 
 
 
 
5
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Sunnyvale, State of California, on August 7, 2020.
 
 
 
 
 
 
 
SUPPORT.COM, INC.
 
 
 
 
 
 
 
By:
 
/s/ Richard Bloom
 
 
 
 
Richard Bloom
President and Chief Executive Officer
 
 
POWER OF ATTORNEY
 
KNOW ALL MEN BY THESE PRESENT, that each person whose signature appears below constitutes and appoints Richard Bloom, their true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for them and in their name, place, and stead, in any and all capacities, to sign any and all amendments to this Registration Statement on Form S-8, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Registration Statement on Form S-8 has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
 
Name
  
Title
  
Date
 
 
 
 
 
/s/ Richard Bloom
  
President, Chief Executive Officer, Principal Financial
Officer and Director (Principal Executive Officer and Principal Financial Officer)
 
  
 August 7, 2020
Richard Bloom
  
  
/s/ Brian Kelley
  
Director
  
August 7, 2020
Brian Kelley
  
  
 
 
 
 
 
/s/ Bradley Radoff
  
Director
  
August 7, 2020
Bradley Radoff
  
  
 
 
 
 
 
/s/ Joshua Schechter
  
Director
  
August 7, 2020
Joshua Schechter
  
  
 
 
 
 
 
6
Support com (NASDAQ:SPRT)
Historical Stock Chart
From Aug 2021 to Sep 2021 Click Here for more Support com Charts.
Support com (NASDAQ:SPRT)
Historical Stock Chart
From Sep 2020 to Sep 2021 Click Here for more Support com Charts.