SEC Form 4 · accession 0001209191-15-008033
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G Waldis
Officer — CEO and Chairman · Director
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 6:31 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 StockF1 | Jan 28, 2015 | M | 50,616 | $0.00 | A | 634,518 | D | |
| Common StockF2 | holding | — | — | — | 53,606 | I | As GP of Waldis Family Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Performance SharesF3 | $0.00 | Jan 28, 2015 | M | 50,616 | A | — | — | Common Stock | 50,616 | 0 | D |
Explanation of responses
- F1Shares of restricted stock granted pursuant to the Company's 2006 Equity Incentive Plan.
- F2Shares held by the Waldis Family Partnership L.P., of which Stephen G. Waldis is the general partner.
- F3Performance Shares awarded February 13, 2014. The participant earned 50616 shares based on the achievement of certain pre-established performance goals during the 2014 fiscal year. One-third of the shares vested upon issuance; the remaining shares will vest in equal installments on February 13, 2016 and February 13, 2017.