Filing Details

Accession Number:
0001209191-12-011238
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-17 16:20:04
Reporting Period:
2012-02-15
Filing Date:
2012-02-17
Accepted Time:
2012-02-17 16:20:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1408278 Synacor Inc. SYNC Services-Computer Programming, Data Processing, Etc. (7370) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1541202 Crystal Internet Venture Fund Ii (Bvi), Crystal Vision, L.p. 1120 Chester Avenue
Suite 418
Cleveland OH 44114
Yes No Yes No
1541203 Crystal Internet Venture Fund Ii (Bvi), L.p. 1120 Chester Avenue
Suite 418
Cleveland OH 44114
Yes No Yes No
1541204 Crystal Venture Ii, Ltd. 1120 Chester Avenue
Suite 418
Cleveland OH 44114
Yes No Yes No
1541205 Joseph Tzeng 1120 Chester Avenue
Suite 418
Cleveland OH 44114
Yes No Yes No
1541206 Daniel Kellogg 1120 Chester Avenue
Suite 418
Cleveland OH 44114
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-02-15 2,685,240 $0.00 2,707,188 No 4 C Direct
Common Stock Acquisiton 2012-02-15 199,374 $0.00 201,006 No 4 C Direct
Common Stock Acquisiton 2012-02-15 785,433 $0.00 3,492,621 No 4 C Direct
Common Stock Acquisiton 2012-02-15 58,317 $0.00 259,323 No 4 C Direct
Common Stock Acquisiton 2012-02-15 220,240 $0.00 3,712,861 No 4 C Direct
Common Stock Acquisiton 2012-02-15 16,353 $0.00 275,676 No 4 C Direct
Common Stock Disposition 2012-02-15 186,176 $5.00 3,526,685 No 4 S Direct
Common Stock Disposition 2012-02-15 13,823 $5.00 261,853 No 4 S Direct
Common Stock Acquisiton 2012-02-15 100,000 $5.00 100,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2012-02-15 2,685,240 $0.00 2,685,240 $0.00
Common Stock Series A Convertible Preferred Stock Disposition 2012-02-15 199,374 $0.00 199,374 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2012-02-15 785,433 $0.00 785,433 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2012-02-15 58,317 $0.00 58,317 $0.00
Common Stock Series C Convertible Preferred Stock Disposition 2012-02-15 220,240 $0.00 220,240 $0.00
Common Stock Series C Convertible Preferred Stock Disposition 2012-02-15 16,353 $0.00 16,353 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 21,948 Direct
Common Stock 1,632 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-employee Director Stock Option (right to purchase) $3.32 2021-08-15 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-08-15 50,000 50,000 Direct
Footnotes
  1. These securities are held directly by Crystal Internet Venture Fund II (BVI), L.P. and indirectly by Crystal Venture II, Ltd., the general partner of Crystal Internet Venture Fund II (BVI), L.P., and Joseph Tzeng and Daniel Kellogg, the Class A members of Crystal Venture II, Ltd., who have all the voting rights of Crystal Venture II, Ltd. Each of Crystal Venture II, Ltd., Mr. Tzeng and Mr. Kellogg may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.
  2. These securities are held directly by Crystal Internet Venture Fund II (BVI), Crystal Vision, L.P. and indirectly by Crystal Venture II, Ltd., the general partner of Crystal Internet Venture Fund II (BVI), Crystal Vision, L.P., and Joseph Tzeng and Daniel Kellogg, the Class A members of Crystal Venture II, Ltd., who have all the voting rights of Crystal Venture II, Ltd. Each of Crystal Venture II, Ltd., Mr. Tzeng and Mr. Kellogg may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.
  3. The reported securities represent the shares of the issuer's common stock that were underlying shares of the issuer's preferred stock that converted into common stock on a 1.5:1 basis upon the closing of the issuer's initial public offering (the "Initial Public Offering").
  4. The reported securities are owned directly by Mr. Tzeng. None of Crystal Internet Venture Fund II (BVI), Crystal Vision, L.P., Crystal Internet Venture Fund II (BVI), L.P., Crystal Venture II, Ltd. or Mr. Kellogg has beneficial ownership of the reported securities.
  5. The number of shares of preferred stock reported in Column 5 converted into the issuer's common stock on a 1.5:1 basis upon the closing of the Initial Public Offering.
  6. The option vests in three equal annual installments following completion by Mr. Tzeng of each of three years of service to the issuer following September 1, 2011.