SEC Form 3 · accession 0001209191-18-027947
Synacor, Inc. · SYNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Davi
Officer — EVP Technology
Period of report
Apr 26, 2018
Accepted (ET)
May 4, 2018 · 7:54 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408278
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 18,293 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to purchase)F1 | $2.38 | holding | — | — | — | — | Dec 18, 2022 | Common Stock | 100,000 | — | D |
| Employee Stock Option (right to purchase)F2 | $2.13 | holding | — | — | — | — | Feb 12, 2025 | Common Stock | 50,000 | — | D |
| Employee Stock Option (right to purchase)F2 | $2.13 | holding | — | — | — | — | Feb 12, 2025 | Common Stock | 7,600 | — | D |
| Employee Stock Option (right to purchase)F3 | $1.37 | holding | — | — | — | — | Oct 28, 2025 | Common Stock | 25,000 | — | D |
| Employee Stock Option (right to purchase)F4 | $1.62 | holding | — | — | — | — | Feb 12, 2026 | Common Stock | 5,300 | — | D |
| Employee Stock Option (right to purchase)F5 | $3.15 | holding | — | — | — | — | Feb 16, 2027 | Common Stock | 5,400 | — | D |
| Employee Stock Option (right to purchase)F6 | $2.00 | holding | — | — | — | — | Mar 1, 2028 | Common Stock | 4,900 | — | D |
| Employee Stock Option (right to purchase)F7 | $1.75 | holding | — | — | — | — | Apr 26, 2028 | Common Stock | 35,000 | — | 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 vested on December 1, 2013 and an additional 1/48th of the shares subject to the option vested each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F2100% 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 vested on March 1, 2016 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F3100% 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 vested on November 1, 2016 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F4100% 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 vested on March 1, 2017 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F5100% 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 vested on March 1, 2018 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F6100% 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 will vest on March 1, 2019 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.
- F7100% 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 will vest on May 1, 2019 and an additional 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through such dates.