SEC Form 4 · accession 0001209191-15-032944
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Garcia
Officer — President
Period of report
Apr 2, 2015
Accepted (ET)
Apr 7, 2015 · 6:12 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 | Apr 2, 2015 | M | 6,729 | $31.02 | A | 91,352 | D | |
| Common StockF1 | Apr 2, 2015 | S | 6,729 | $47.33 | D | 84,623 | D | |
| Common StockF2 | Apr 2, 2015 | S | 494 | $47.17 | D | 84,619 | 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)F3 | $31.02 | Apr 2, 2015 | M | 6,729 | D | Feb 14, 2014 | Feb 14, 2020 | Common Stock | 6,729 | 26,834 | 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 $47.07 to $47.53. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
- F2Represents sale to cover vesting of shares of Restricted Stock
- F3Th option shall become exerciseable 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 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.