0001408278-21-000065.txt : 20210401 0001408278-21-000065.hdr.sgml : 20210401 20210401111433 ACCESSION NUMBER: 0001408278-21-000065 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210401 DATE AS OF CHANGE: 20210401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bhise Himesh CENTRAL INDEX KEY: 0001615729 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33843 FILM NUMBER: 21796720 MAIL ADDRESS: STREET 1: C/O SYNACOR, INC. STREET 2: 40 LA RIVIERE DRIVE CITY: BUFFALO STATE: NY ZIP: 14202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Synacor, Inc. CENTRAL INDEX KEY: 0001408278 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 161542712 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 40 LARIVIERE DRIVE STREET 2: SUITE 300 CITY: BUFFALO STATE: NY ZIP: 14202 BUSINESS PHONE: 716-853-1362 MAIL ADDRESS: STREET 1: 40 LARIVIERE DRIVE STREET 2: SUITE 300 CITY: BUFFALO STATE: NY ZIP: 14202 4 1 wf-form4_161729003522056.xml FORM 4 X0306 4 2021-03-31 0 0001408278 Synacor, Inc. SYNC 0001615729 Bhise Himesh C/O SYNACOR, INC. 40 LA RIVIERE DRIVE, SUITE 300 BUFFALO NY 14202 1 1 0 0 Chief Executive Officer Common Stock 2021-03-31 4 U 0 162051 2.20 D 179209 D Common Stock 2021-04-01 4 D 0 179209 2.20 D 0 D Employee Stock Option (right to purchase) 2.38 2021-04-01 4 D 0 2001338 0 D Common Stock 2001338.0 0 D Employee Stock Option (right to purchase) 2.13 2021-04-01 4 D 0 10100 0 D Common Stock 10100.0 0 D Employee Stock Option (right to purchase) 1.62 2021-04-01 4 D 0 6900 0 D Common Stock 6900.0 0 D Employee Stock Option (right to purchase) 3.15 2021-04-01 4 D 0 232100 0 D Common Stock 232100.0 0 D Employee Stock Option (right to purchase) 2.0 2021-04-01 4 D 0 6400 0 D Common Stock 6400.0 0 D Represents shares of common stock of Synacor, Inc. (the "Company") that were tendered in the tender offer to SY Merger Sub Corporation for $2.20 per share in cash, less applicable tax witholding, pursuant to the previously announced Agreement and Plan of Merger, dated February 10, 2021, by and among the Company, CLP SY Holding, LLC, and SY Merger Sub Corporation (the "Merger Agreement"). Represents 179,209 restricted stock units that were previously reported on Table I and were disposed of pursuant to the terms of the Merger Agreement for consideration of $2.20 per restricted stock unit. Pursuant to the terms of the Merger Agreement, each of these out-of-the-money stock options, whether vested or unvested, were forfeited and cancelled without any consideration. The stock options were originally granted in consideration of the reporting person's services to the Company and without payment of consideration. Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the merger, each outstanding in-the-money stock option, whether vested or unvested, was cancelled and converted into the right to receive $2.20 per stock option in cash less the exercise price of such stock option and applicable tax withholding. /s/ Timothy J. Heasley, attorney-in-fact 2021-04-01