Filing Details

Accession Number:
0001181431-12-010114
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-17 19:27:29
Reporting Period:
2012-02-15
Filing Date:
2012-02-17
Accepted Time:
2012-02-17 19:27:29
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
1293768 Andrew Kau C/o Walden International
361 Lytton Avenue, 2Nd Floor
Palo Alto CA 94301
Yes No No 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 2012-02-15 480,768 $0.00 485,142 No 4 C Indirect See footnote.
Common Stock Disposition 2012-02-15 23,860 $5.00 461,282 No 4 S Indirect See footnote.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote.
No 4 S Indirect See footnote.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Director Stock Option (right to purchase) Acquisiton 2011-08-16 50,000 $0.00 50,000 $3.32
Common Stock Series A Preferred Stock Disposition 2012-02-15 480,768 $0.00 480,768 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,000 2021-08-15 No 4 A Direct
0 2004-11-01 No 4 C Indirect
Footnotes
  1. The Series A Preferred Stock converted into shares of common stock of the Issuer on a 1.5 for 1 basis and had no expiration date.
  2. 242,571 of the shares are owned directly by WIIG-TDF Partners LLC and 242,571 of the shares are owned directly by Walden EDB Partners II, L.P.
  3. The option was immediately 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 vest on each of September 1, 2011 and 2012 and 34% of the shares subject to the option vest on September 1, 2013, subject to the Reporting Person's continuous service through such dates.
  4. 11,930 shares were sold by each of WIIG-TDF Partners LLC and Walden EDB Partners II, L.P.
  5. The manager of WIIG-TDF Partners LLC is WIIG Management Co., Ltd., the sole director of which is Lip-Bu Tan. The manager of Walden EDB Partners II, L.P. is Walden Management, LLC, the manager of which is Pacven Walden Management Co., Ltd. Lip-Bu Tan is the sole director of Pacven Walden Management. The Reporting Person shares investment and voting power with respect to the shares owned directly by WIIG-TDF Partners LLC and Walden EDB Partners II, L.P. with Lip-Bu Tan. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
  6. 230,641 of the shares are owned directly by WIIG-TDF Partners LLC and 230,641 of the shares are owned directly by Walden EDB Partners II, L.P.
  7. 240,384 of the shares are owned directly by WIIG-TDF Partners LLC and 240,384 of the shares are owned directly by Walden EDB Partners II, L.P.