Synacor, Inc. 4
4 · Synacor, Inc. · Filed May 26, 2016
Insider Transaction Report
Form 4
Synacor, Inc.SYNC
Levy Jordan
Director
Transactions
- Award
Director stock option (right to purchase)
2016-05-20+15,000→ 15,000 totalExercise: $2.96Exp: 2026-05-19→ Common Stock (15,000 underlying) - Sale
Common Stock
2016-05-24$3.01/sh−25,000$75,250→ 152,113 total
Holdings
- 7,500(indirect: By Trust)
Common Stock
- 2,100(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.00 to $3.045, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]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.