SEC Form 4 · accession 0001209191-15-004240
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas P Lazzaro
Officer — EVP & Pres of Emerging Markets
Period of report
Jan 12, 2015
Accepted (ET)
Jan 14, 2015 · 6:55 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 | Jan 12, 2015 | M | 1,000 | $30.56 | A | 37,615 | D | |
| Common Stock | Jan 12, 2015 | S | 1,600 | $40.32 | D | 36,015 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Purchase)F1 | $30.56 | Jan 12, 2015 | M | 1,000 | D | May 13, 2014 | May 13, 2020 | Common Stock | 1,000 | 42,000 | D |
Explanation of responses
- F1Th option shall become exercis3able with respect to the first 25 percent of the shares subject to the option when the Reporting Person completes 12 months of continuous service after May 13, 2013. The option shall become exerciseable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completes each month of continuous service thereafter
Remarks
***All of the sales reported on this Form were effected pursuant to an approved Rule 10b5-1 trading plan.***