SEC Form 4 · accession 0001140361-16-057697
SYNLOGIC, INC. · SYBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Lammers
Officer — President & CEO · Director
Period of report
Mar 11, 2016
Accepted (ET)
Mar 14, 2016 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001527599
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.36 | Mar 11, 2016 | A | 165,000 | A | — | Mar 11, 2026 | Common Stock | 165,000 | 165,000 | D |
Explanation of responses
- F1The option vests with respect to 25% of the shares subject thereto on the one year anniversary of the grant date with the remaining shares vesting with respect to 1/48 of the total shares subject thereto on each monthly anniversary thereafter, subject to the Reporting Person continuing to provide services to the Issuer through each such vesting date.