Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
INTEL CORP
  2. Issuer Name and Ticker or Trading Symbol
Synacor, Inc. [SYNC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2200 MISSION COLLEGE BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2012
(Street)

SANTA CLARA, CA 95054-1549
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/15/2012   C   641,025 A (1) 641,025 I See footnote (2)
Common Stock 02/15/2012   C   641,025 A (1) 1,282,050 I See footnote (2)
Common Stock 02/15/2012   C   506,250 A (3) 1,788,300 I See footnote (2)
Common Stock 02/15/2012   C   298,857 A (4) 2,087,157 I See footnote (2)
Common Stock 02/15/2012   S   104,000 D $ 5 1,983,157 I See footnote (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock (1) 02/15/2012   C     641,025 03/14/2003   (1) Common Stock 641,025 (1) 0 I See footnote (2)
Series A Preferred Stock (1) 02/15/2012   C     641,025 10/08/2003   (1) Common Stock 641,025 (1) 0 I See footnote (2)
Series B Preferred Stock (3) 02/15/2012   C     506,250 10/01/2004   (3) Common Stock 506,250 (1) 0 I See footnote (2)
Series C Preferred Stock (4) 02/15/2012   C     298,857 10/19/2006   (4) Common Stock 298,857 (1) 0 I See footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
INTEL CORP
2200 MISSION COLLEGE BLVD.
SANTA CLARA, CA 95054-1549
    X    
INTEL CAPITAL (CAYMAN) CORP
2200 MISSION COLLEGE BLVD
SANTA CLARA, CA 95054
    X    

Signatures

 /s/ Cary Klafter, Corporate Secretary   02/17/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Series A Preferred Stock converted into shares of common stock of the Issuer on a 1.5 for 1 basis and had no expiration date.
(2) Owned directly by Intel Capital (Cayman) Corporation, a wholly-owned subsidiary of the Reporting Person.
(3) The Series B Preferred Stock converted into shares of common stock of the Issuer on a 1.5 for 1 basis and had no expiration date.
(4) The Series C Preferred Stock converted into shares of common stock of the Issuer on a 1.5 for 1 basis and had no expiration date.
 
Remarks:
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.

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