Atlas Capital Resources GP LLC - Jan 29, 2025 Form 4 Insider Report for Greenidge Generation Holdings Inc. (GREE)

Signature
Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner
Stock symbol
GREE
Transactions as of
Jan 29, 2025
Transactions value $
$1,369,990
Form type
4
Date filed
1/31/2025, 04:05 PM
Previous filing
Feb 2, 2023
Next filing
Apr 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GREE Class A Common Stock, par value $0.0001 per share Other $1.37M +753K +26.89% $1.82 3.55M Jan 29, 2025 See footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the Equity Interest Payment Agreement (the "Agreement"), dated as of January 24, 2025, by and among Greenidge Generation Holdings Inc. (the "Issuer") and Atlas Capital Resources (A9) LP ("ACR9"), Atlas Capital Resources (A9-Parallel) LP ("ACR Parallel"), and Atlas Capital Resources (P) LP ("ACR P" and, together with ACR9 and ACR Parallel, collectively, "Atlas"), the Issuer made a $1,369,990 payment to Atlas in the form of shares of Class A Common Stock based on the price formula set forth in the Agreement. Of the 752,742 shares of Class A Common Stock issued to Atlas thereunder, 539,346 shares were issued to ACR9, 193,664 shares were issued to ACR Parallel and 19,732 shares were issued to ACR P.
F2 Represents 871,790 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible at any time at the option of the holder into an equal number of shares of Class A Common Stock.
F3 Atlas Capital GP LP ("ACR GPLP") is the general partner of ACR9, ACR Parallel, ACR P and GGH Bridge Investment LP ("GGH"). Atlas Capital Resources GP LLC ("ACR GP") is the general partner of ACR GPLP. ACR GP, ACR GPLP, ACR9, ACR Parallel, ACR P, and GGH are collectively referred to as the "Atlas Entities." Andrew M. Bursky and Timothy J. Fazio are each a managing partner of ACR GP and may be deemed to control the Atlas Entities.
F4 Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest of the Class A Common Stock except, in each case, to the extent he or it has any pecuniary interest therein.