SEC Form 4 · accession 0001131554-17-000018
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Prague
Officer — General Counsel
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001131554
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 1, 2017 | M | 2,741 | $0.00 | A | 52,505 | D | |
| Common StockF1 | Feb 3, 2017 | S | 924 | $39.00 | D | 51,581 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Performance SharesF2 | $0.00 | Feb 1, 2017 | M | 2,741 | D | — | — | Common Stock | 2,741 | 0 | D |
Explanation of responses
- F1All of the sales reported on this Form were effected pursuant to an approved Rule 10b5-1 trading plan. Represents sale to cover vesting of shares of Restricted Stock.
- F2Performance Shares awarded February 9, 2015. The participant earned 2741 shares based on the achievement of certain pre-established performance goals during the 2016 fiscal year, all of such shares vested upon issuance.