SEC Form 4 · accession 0001209191-15-032949
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
Apr 2, 2015
Accepted (ET)
Apr 7, 2015 · 6:19 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 | 1,910 | $35.19 | A | 39,778 | D | |
| Common Stock | Apr 2, 2015 | S | 1,910 | $47.21 | D | 37,868 | D | |
| Common StockF1 | Apr 6, 2015 | S | 2,245 | $47.17 | D | 35,386 | 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 | $35.19 | Apr 2, 2015 | M | 1,910 | D | Apr 1, 2015 | Apr 1, 2021 | Common Stock | 1,910 | 5,730 | 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.
- F2Th 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 April 1, 2014. 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.