Montgomery Michael J 4
4 · Synacor, Inc. · Filed Sep 9, 2020
Insider Transaction Report
Form 4
Synacor, Inc.SYNC
Montgomery Michael J
Director
Transactions
- Award
Common Stock
2020-09-08+17,100→ 71,344 total - Award
Common Stock
2020-09-08+47,170→ 118,514 total
Holdings
- 95,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The time-based vesting requirement shall be satisfied with respect to the restricted stock units when the recipient completes three months of continuous service following the vesting commencement date of July 1, 2020.
- [F2]The time-based vesting requirement of these stock units (each stock unit representing a contingent right to receive one share of Issuer common stock) shall be satisfied in six equal semi-annual installments beginning September 8, 2020, subject to the Reporting Person's continuous service through each such vesting date. Stock units for which the time-based vesting requirement has been satisfied will be settled on the first Permissible Trading Day (as defined in the Reporting Person's stock unit agreement) that occurs on or after the day when such stock units vest.
- [F3]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.