5//SEC Filing
Levy Jordan 5
Accession 0001181431-13-009867
CIK 0001408278other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 6:10 PM ET
Size
15.0 KB
Accession
0001181431-13-009867
Insider Transaction Report
Form 5
Synacor, Inc.SYNC
Levy Jordan
Director
Transactions
- Other
Common Stock
2012-06-12+610→ 108,833 total - Other
Common Stock
2012-06-12+833→ 70,559 total(indirect: See footnote.)
Holdings
- 2,100(indirect: By Spouse)
Common Stock
- 30,000
Director stock option (right to purchase)
Exercise: $2.52Exp: 2017-09-13→ Common Stock (30,000 underlying) - 50,000
Director stock option (right to purchase)
Exercise: $2.88Exp: 2020-11-17→ Common Stock (50,000 underlying) - 17,500
Director stock option (right to purchase)
Exercise: $3.32Exp: 2021-08-15→ Common Stock (17,500 underlying) - 5,000
Director stock option (right to purchase)
Exercise: $11.14Exp: 2022-05-23→ Common Stock (5,000 underlying)
Footnotes (7)
- [F1]Pro rata distribution from Chek Ventures LLC, of which the reporting person is a non-managing member.
- [F2]Pro Rata distribution from Chek Ventures II LLC, of which JoRon Management LLC ("JoRon", of which the reporting person is one of two managers) is a non-managing member.
- [F3]Held directly by JoRon. The reporting person disclaims beneficial ownership of the shares held by JoRon except to the extent of his pecuniary interest therein. In a prior report, the reporting person reported beneficial ownership of 193,547 shares of Issuer common stock held by JoRon and disclaimed beneficial ownership of the shares held by JoRon except to the extent of his pecuniary interest therein. Subsequent to that report, (a) JoRon sold 9,677 shares of Issuer common stock in Issuer's initial public offering, (b) JoRon acquired 833 shares of Issuer common stock in the distribution by Chek Ventures II LLC reported on this line item, and (c) JoRon distributed a total of 114,144 shares of Issuer common stock to its members, 32,361 of which were distributed to the reporting person and are included in the amount of securities owned directly by the reporting person at the end of the Issuer's fiscal year.
- [F4]100% of the option was exercisable on the date of grant. Shares purchased upon exercise of the option were subject to repurchase by the Issuer until vested. 33% of the shares subject to the option vested on each of February 1, 2008 and February 1, 2009 and 34% of the shares subject to the option vested on February 1, 2010.
- [F5]100% of the option was exercisable on the date of grant. Shares purchased upon exercise of the option are subject to repurchase by the Issuer until vested. 33% of the shares subject to the option vested on each of February 1, 2011 and February 1, 2012 and 34% of the shares subject to the option vested on February 1, 2013.
- [F6]100% of the option was exercisable on the date of grant. Shares purchased upon exercise of the option are subject to repurchase by the Issuer until vested. 33% of the shares subject to the option vested on each of September 1, 2011 and September 1, 2012. 34% of the shares subject to the option will vest on September 1, 2013, subject to the reporting person's continuous service through such date.
- [F7]100% 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.
Documents
Issuer
Synacor, Inc.
CIK 0001408278
Entity typeother
Related Parties
1- filerCIK 0001541436
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 6:10 PM ET
- Size
- 15.0 KB