SEC Form 4 · accession 0001209191-15-029162
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula J Hilbert
Officer — Executive Vice President
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 3:40 pm EDT
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 | Mar 23, 2015 | M | 4,500 | $31.02 | A | 35,586 | D | |
| Common Stock | Mar 23, 2015 | M | 1,452 | $30.50 | A | 37,038 | D | |
| Common Stock | Mar 23, 2015 | M | 3,250 | $32.40 | A | 40,288 | D | |
| Common Stock | Mar 23, 2015 | S | 10,922 | $46.94 | D | 29,366 | 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 | $30.50 | Mar 23, 2015 | M | 4,500 | D | Dec 6, 2012 | Dec 6, 2018 | Common Stock | 4,500 | 3,500 | D |
| Stock Option (Right to Purchase)F2 | $31.02 | Mar 23, 2015 | M | 1,452 | D | Feb 14, 2014 | Feb 14, 2020 | Common Stock | 1,452 | 4,648 | D |
| Stock Option (Right to Purchase)F3 | $32.40 | Mar 23, 2015 | M | 3,250 | D | Feb 13, 2015 | Feb 13, 2021 | Common Stock | 3,250 | 9,750 | D |
Explanation of responses
- F1The 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 December 6, 2011. 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.
- 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 14, 2013. 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.
- F3The 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 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.***