X0305 4 2012-04-16 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 Employee stock option (right to purchase) 7.10 2012-04-09 4 A 0 175000 0 A 2022-04-15 Common Stock 175000 175000 D The option becomes exercisable for 25% of the option shares on April 1, 2013 and becomes exercisable for the remaining option shares in 36 equal monthly installments thereafter, in each case, subject to the Reporting Person's continuous service through such dates. /s/ William J. Stuart, attorney-in-fact 2012-04-18