SEC Form 4 · accession 0001209191-15-035584
Synacor, Inc. · SYNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Kau
Director
Period of report
Apr 22, 2015
Accepted (ET)
Apr 22, 2015 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408278
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock OptionF1 | $2.44 | Apr 22, 2015 | A | 30,000 | A | — | Apr 21, 2025 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1100% of the option is exercisable on the date of grant. Shares purchased upon exercise of the option are subject to repurchase by the Issuer until vested. 25% of the shares subject to the option vest on the first anniversary of the date of grant and an additional 1/48th of the shares subject to the option will vest each month thereafter, subject to the Reporting Person's continuous service through such dates.