SEC Form 4 · accession 0001209191-15-017471
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Garcia
Officer — President
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 8:49 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 19, 2015 | M | 6,729 | $32.40 | A | 91,352 | D | |
| Common StockF1 | Feb 19, 2015 | S | 6,729 | $44.72 | D | 84,623 | 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 Buy)F2 | $32.40 | Feb 19, 2015 | M | 6,729 | A | Feb 13, 2015 | Feb 13, 2021 | Common Stock | 6,729 | 48,271 | D |
Explanation of responses
- F1The weighted average sales price is reported as stock sales were aggregated for reporting purposes. The per share transaction price ranged from $44.37 to $45.29. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
- F2The option shall become exercisable 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 February 13, 2014. The option shall become exercisable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completed 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.