SEC Form 4 · accession 0001209191-16-123697
Synacor, Inc. · SYNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Murphy
Director
Period of report
May 20, 2016
Accepted (ET)
May 26, 2016 · 5:16 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 | $2.96 | May 20, 2016 | A | 15,000 | A | — | May 19, 2026 | common stock | 15,000 | 15,000 | 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 June 1, 2017 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.