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SYNLOGIC, INC. — Director's Dealing 2020
Jul 29, 2020
35028_dirs_2020-07-28_84444dbc-8e0f-4227-9a7e-ed1f66c490e0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYNLOGIC, INC. (SYBX)
CIK: 0001527599
Period of Report: 2020-07-24
Reporting Person: Barrett Peter (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-24 | Stock Option (right to buy) | $2.23 | A | 1541 | Acquired | 2030-07-24 | Common Stock (1541) | Direct |
Footnotes
F1: The options were issued to the Reporting Person pursuant to the Issuer's 2015 Equity Incentive Award Plan in lieu of the non-employee director nominating and governance committee chair cash retainer of $8,000. Such options vest in four equal quarterly installments provided the Reporting Person continues to provide services to the Issuer.
F2: The reporting person is a member of Atlas Venture Associates IX, LLC ("AVA IX LLC") and is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the equity grants to Atlas Venture Advisors, L.P. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.