MONTGOMERY MICHAEL J reported 3 transactions at SYNACOR, INC.

Review the transaction codes below to understand the nature of each event.

MONTGOMERY MICHAEL J

Filed: 4/1/2021ACC: 0001408278-21-000060

InsiderMONTGOMERY MICHAEL JCIK 1368769

→

IssuerSYNACOR, INC.CIK 1408278

Director

Since May 2019

-431.75K

Net shares

Net seller

$498.8K

Total sold

Open market trades

0B · 0S

Total transactions

431.75K disposed

Non-Derivative Transactions3

Common Stock

Direct

U · U

−92.43K

Price / share

$2.20

Trade value

$203.35K

% of position

70.2%

3/31/2021

131.75K→39.31K

Common Stock

Indirect

U · U

−95K

Price / share

$2.20

Trade value

$209K

% of position

New position

3/31/2021

95K→0.00

Common Stock

Direct

D · Disposition

−39.31K

Price / share

$2.20

Trade value

$86.49K

% of position

New position

4/1/2021

39.31K→0.00

Total

Net shares

−226.75K

Net value

-$498.84K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/31/2021	U · U	−92.43K	$2.20	$203.35K	70.2%	131.75K	39.31K
Common Stock Indirect	3/31/2021	U · U	−95K	$2.20	$209K	New position	95K	0.00
Common Stock Direct	4/1/2021	D · Disposition	−39.31K	$2.20	$86.49K	New position	39.31K	0.00
Total			−226.75K		-$498.84K

Derivative Transactions9

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

50K shares

−50K

Strike price

3.32

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

5K shares

−5K

Strike price

11.14

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

30K shares

−30K

Strike price

3.68

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

15K shares

−15K

Strike price

2.26

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

15K shares

−15K

Strike price

2.39

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

30K shares

−30K

Strike price

2.96

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

15K shares

−15K

Strike price

3.5

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

15K shares

−15K

Strike price

1.95

Held after

0.00

Exercisable

—

4/1/2021

Director stock option (right to purchase)

Direct

D · Disposition

Converts to

Common Stock

30K shares

−30K

Strike price

1.64

Held after

0.00

Exercisable

—

4/1/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Director stock option (right to purchase) Direct	Common Stock50K shares	4/1/2021	D · Disposition	−50K	3.32	—
Director stock option (right to purchase) Direct	Common Stock5K shares	4/1/2021	D · Disposition	−5K	11.14	—
Director stock option (right to purchase) Direct	Common Stock30K shares	4/1/2021	D · Disposition	−30K	3.68	—
Director stock option (right to purchase) Direct	Common Stock15K shares	4/1/2021	D · Disposition	−15K	2.26	—
Director stock option (right to purchase) Direct	Common Stock15K shares	4/1/2021	D · Disposition	−15K	2.39	—
Director stock option (right to purchase) Direct	Common Stock30K shares	4/1/2021	D · Disposition	−30K	2.96	—
Director stock option (right to purchase) Direct	Common Stock15K shares	4/1/2021	D · Disposition	−15K	3.5	—
Director stock option (right to purchase) Direct	Common Stock15K shares	4/1/2021	D · Disposition	−15K	1.95	—
Director stock option (right to purchase) Direct	Common Stock30K shares	4/1/2021	D · Disposition	−30K	1.64	—