UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

SUPPORTSOFT, INC.

(Name of Issuer)

Common Stock, par value $.0001

(Title of Class of Securities)

868587 10 6

(CUSIP Number)

December 31, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 




 

 

CUSIP No. 868587 10 6

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Radha R. Basu

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
1,561,800 shares*

 

6.

Shared Voting Power
850,589 shares, all of which are directly held by Anudip Limited Partnership.  Ms. Basu is a general partner of Anudip Limited Partnership.

 

7.

Sole Dispositive Power
1,561,800 shares*

 

8.

Shared Dispositive Power
850,589 shares, all of which are directly held by Anudip Limited Partnership.  Ms. Basu is a general partner of Anudip Limited Partnership.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,412,389 shares

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
5.4%

 

 

12.

Type of Reporting Person (See Instructions)
IN


* Consists of 1,411,800 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2006.

 

2




 

Item 1.

 

(a)

Name of Issuer
SupportSoft, Inc.

 

(b)

Address of Issuer’s Principal Executive Offices
575 Broadway, Redwood City, California 94063

 

Item 2.

 

(a)

Name of Person Filing
Radha R. Basu

 

(b)

Address of Principal Business Office or, if none, Residence
575 Broadway, Redwood City, California 94063

 

(c)

Citizenship
United States

 

(d)

Title of Class of Securities
Common Stock, $.0001 par value

 

(e)

CUSIP Number
868587 10 6

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

3




 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   

2,412,389 shares of Common Stock

 

(b)

Percent of class:   

5.4%. The percent of class calculation was based upon 44,780,318 shares outstanding as of December 31, 2006.

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

1,561,800 shares, which includes 1,411,800 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2006.

 

 

(ii)

Shared power to vote or to direct the vote:

850,589 shares, all of which are directly held by Anudip Limited Partnership.  Ms. Basu is a general partner of Anudip Limited Partnership.

 

 

(iii)

Sole power to dispose or to direct the disposition of   

1,561,800  shares, which includes 1,411,800 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2006.

 

 

(iv)

Shared power to dispose or to direct the disposition of   

Shared power to dispose or to direct the disposition of:  850,589 shares, all of which are directly held by Anudip Limited Partnership.  Ms. Basu is a general partner of Anudip Limited Partnership.

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group

 

Not applicable.

 

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

4




Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

February 13, 2007

 

Date

 


/S/ RADHA R. BASU

 

Signature

 


Radha R. Basu

 

Name/Title

 

5