Greenidge details CEO Jeff Kirt's separation; $750K consulting fee, RSU vesting

Greenidge Generation Holdings Inc.

Former CEO Jeff Kirt resigned effective Oct 7, 2022; entered consulting agreement through Oct 10, 2023.
Kirt to receive $750,000 over consulting period plus Bloomberg terminal subscription.
229,868 unvested RSUs accelerated to Oct 10, 2022; new grant of 280,000 fully vested RSUs settling in 12 weekly installments.

item 5.02 item 9.01

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Departed

Jeffrey Kirt

Chief Executive Officer

GREE · Greenidge Generation Holdings Inc.

Effective: 2022-10-07
Filed: October 12, 2022, 7:59 PM ET

The Company previously announced the mutual agreement between the Company and Jeffrey Kirt, the Company’s former Chief Executive Officer, that Mr. Kirt would resign from his roles as Chief Executive Officer and member of the Board of Directors of the Company (the “Board”), effective as of the end of October 7, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Jeffrey Kirt resigned as Chief Executive Officer at Greenidge Generation Holdings Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

The Company previously announced the mutual agreement between the Company and Jeffrey Kirt, the Company’s former Chief Executive Officer, that Mr. Kirt would resign from his roles as Chief Executive Officer and member of the Board of Directors of the Company (the “Board”), effective as of the end of October 7, 2022.

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Greenidge Generation Holdings Inc. filing history →

Source: SEC EDGAR

accession 0000947871-22-001077

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