X0304 4 2012-02-15 0 0001408278 Synacor, Inc. SYNC 0001541663 Frankel Ronald N C/O SYNACOR, INC. 40 LA RIVIERE DRIVE, SUITE 300 BUFFALO NY 14202 0 1 0 0 Chief Executive Officer Common Stock 2011-08-29 4 M 0 550000 0.04 A 600000 D Common Stock 2012-01-06 4 M 0 382205 0.04 A 982205 D Common Stock 2012-01-06 4 M 0 235013 0.20 A 1217218 D Common Stock 2012-02-02 4 M 0 125000 0.20 A 1342218 D Common Stock 2012-02-15 4 S 0 50000 5.00 D 1292218 D Employee Stock Option (right to purchase) 3.32 2011-08-16 4 A 0 84640 0 A 2021-08-15 Common Stock 84640 0 D Employee Stock Option (right to purchase) 3.32 2011-08-16 4 A 0 90360 0 A 2021-08-15 Common Stock 90360 0 D Employee Stock Option (right to purchase) 0.04 2011-08-29 4 M 0 550000 0 D 2013-03-12 Common Stock 550000 382205 D Employee Stock Option (right to purchase) 0.04 2012-01-06 4 M 0 382205 0 D 2013-03-12 Common Stock 382205 0 D Employee Stock Option (right to purchase) 0.20 2012-01-06 4 M 0 235013 0 D 2014-11-17 Common Stock 235013 125000 D Employee Stock Option (right to purchase) 0.20 2012-02-02 4 M 0 125000 0 D 2014-11-17 Common Stock 125000 0 D 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. 25% of the shares subject to the option will vest upon completion of 12 months of continuous service after September 1, 2011 and the remainder vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service through such dates. The option became exercisable for 30,120 shares of common stock on December 31, 2011. The option will become exercisable for an additional 30,120 shares on each of December 31, 2012 and 2013. 25% of the shares subject to the option vest upon completion of 12 months of service after September 1, 2011 and in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service. The option was exercisable on the date of grant. Shares purchased upon exercise of the option were subject to repurchase by the Issuer until vested. The shares subject to the option vested 25% on October 1, 2005 and in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment through such dates. The option was exercisable on the date of grant. Shares purchased upon exercise of the option were subject to repurchase by the Issuer until vested. The shares subject to the option vested 25% on October 1, 2005 and in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment through such dates. Date of Earliest Transaction: The transaction giving rise to this Form 4 filing occurred on February 15, 2012. In accordance with Rule 16a-2, transactions which took place within 6 months prior to that date are also reported on this form. /s/ William J. Stuart, POA 2012-02-16