UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 18, 2023, Greenidge Generation Holdings Inc. (the “Company”) terminated the employment of Terence Burke, the Company’s General Counsel, effective as of May 31, 2023. Mr. Burke’s termination of employment is not a result of a disagreement on any matter relating to the Company’s operations, policies or practices. In connection with Mr. Burke’s termination of employment, and subject to his execution and non-revocation of a release of claims in favor of the Company and continued compliance with the restrictive covenants applicable to Mr. Burke, Mr. Burke will be entitled to receive certain severance benefits pursuant to the terms of the Executive Employment Agreement by and between the Company and Mr. Burke, dated November 15, 2021, as disclosed in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2023.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit No. | Description |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document |
Signature(s)
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Dated: May 24, 2023 | GREENIDGE GENERATION HOLDINGS INC. | |
| By: | /s/ David Anderson | |
| David Anderson | ||
| Chief Executive Officer | ||