SEC Form 4 · accession 0001131554-18-000005
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Garcia
Officer — Chief Commercial Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:13 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 23, 2018 | M | 25,043 | $0.00 | A | 173,980 | D | |
| Common StockF1 | Feb 23, 2018 | S | 21,900 | $8.78 | D | 152,080 | D | |
| Common StockF1 | Feb 27, 2018 | S | 5,216 | $9.60 | D | 146,864 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015-2017 Performance SharesF2 | $0.00 | Feb 23, 2018 | M | 25,043 | D | — | — | Common Stock | 25,043 | 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 25,043 shares based on the achievement of certain pre-established performance goals during the 2015 and 2016 fiscal years, all of such shares vest upon issuance.