Barrett Peter 4
4 · SYNLOGIC, INC. · Filed Jan 5, 2021
Insider Transaction Report
Form 4
SYNLOGIC, INC.SYBX
Barrett Peter
Director
Transactions
- Award
Stock Option (right to buy)
2021-01-04+57,498→ 57,498 totalExercise: $2.20Exp: 2031-01-04→ Common Stock (57,498 underlying)
Footnotes (2)
- [F1]The options were issued to the Reporting Person pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Program and 2015 Equity Incentive Award Plan in lieu of the non-employee director board and audit committee cash retainers of $85,500 in the aggregate. Such options vest in four equal quarterly installments on the last day of each calendar quarter during 2021 provided the Reporting Person continues to provide services to the Issuer.
- [F2]The reporting person is a member of Atlas Venture Associates IX, LLC ("AVA IX LLC") and is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the equity grants to Atlas Venture Advisors, L.P. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.