It won't install itself as a daemon by default, however. In order to run it as a service, it is recommended to install [pm2](https://pm2.keymetrics.io/):
The folder name is the 11 character unique string found in the syncthing GUI. The delay is a string (anything parseable by the [ms module](https://github.com/zeit/ms)) indicating the idle time after an event, so that hooks aren't executed multiple times on successive changes in a short interval.
An example: a script at the location `~/.syncthing-hooks/night-owlzz-5m` will be executed five minutes after the most recent event in the folder with the identifier `night-owlzz`.