Fickett Jaime 4

What Happened

• Jaime Fickett, Chief Financial Officer of Synergy CHC Corp. (SNYR), had an existing option for 150,000 shares cancelled and a new option for 150,000 derivative shares granted on June 29, 2026. The filing lists both a disposition to the issuer (cancellation) and an acquisition (new award) for 150,000 derivative shares; exercise price and total dollar values are reported as N/A.

Key Details

• Transaction date: 2026-06-29 (filed with the SEC on 2026-07-01).
• Reported transactions: Disposition to issuer (cancellation) of 150,000 derivative shares and grant/acquisition of 150,000 derivative shares.
• Price/value: Not disclosed in the filing (listed as N/A).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Vesting — one-third vests on the first anniversary of the original grant date (Sept 18, 2025); the remaining two-thirds vest in equal monthly installments over the following 24 months, subject to continued service.
  • F2: The reduction in exercise price was treated as a material modification under Section 16, so the Original Option is deemed cancelled and a new option granted; the new option vests on the same original schedule and expires on the five‑year anniversary of the original grant date.
• Timeliness: Filed two days after the reported transaction date; no late-filing flag indicated.

Context

• This filing documents a modification/replacement of an option award rather than an outright purchase or sale of shares. No exercise or immediate sale of shares is reported. Material modifications that lower an exercise price are treated by the SEC as cancellation plus re-grant for reporting purposes; the economic effect may be a more favorable option but the filing does not disclose the revised exercise price or value.