Gregg Beloff - 06 Dec 2021 Form 4 Insider Report for SYNLOGIC, INC. (SYBX)

Signature
/s/ Gregg Beloff
Issuer symbol
SYBX
Transactions as of
06 Dec 2021
Net transactions value
$0
Form type
4
Filing time
01 Feb 2022, 15:05:31 UTC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SYBX Stock Option (right to buy) Award $0 +50,000 $0.000000 50,000 06 Dec 2021 Common Stock 50,000 $2.34 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were issued to the Reporting Person pursuant to the Issuer's 2015 Equity Incentive Award Plan. Such options vest in 12 equal monthly installments starting November 1, 2021, provided the Reporting Person continues to provide services to the Issuer. An aggregate of 50% of the options shall vest immediately if the Issuer terminates the Reporting Person's services before May 1, 2022.

Remarks:

Interim Chief Financial Officer