SEC Form 4 · accession 0001209191-15-019256
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Rosenberger
Officer — EVP & Chief Financial Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 26, 2015 · 7:03 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, 2015 | M | 1,340 | $32.24 | A | 39,208 | D | |
| Common Stock | Feb 23, 2015 | S | 1,340 | $43.55 | D | 37,868 | D | |
| Common StockF1 | Feb 23, 2015 | S | 237 | $44.81 | D | 37,631 | 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)F2 | $32.24 | Feb 23, 2015 | M | 1,340 | D | Feb 20, 2015 | Feb 20, 2021 | Common Stock | 1,340 | 4,020 | 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.
- F2The option became 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 20, 2014. The option shall become exercisable 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.