SEC Form 4 · accession 0001209191-15-046941
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Halbard
Officer — EVP, International
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 8:55 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 StockF1 | May 21, 2015 | S | 1,478 | $46.89 | D | 47,194 | D | |
| Common Stock | May 26, 2015 | M | 1,250 | $32.26 | A | 48,444 | D | |
| Common Stock | May 26, 2015 | S | 1,250 | $45.66 | D | 47,194 | 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 | $32.26 | May 26, 2015 | M | 1,250 | D | Feb 19, 2015 | Feb 19, 2021 | Common Stock | 1,250 | 42,500 | D |
Explanation of responses
- F1Represents sale to cover vesting of shares of Restricted Stock.
- F2Th option shall become exercisable with respect to the first 25% of the shares subject to the option when the Reporting Person completes 12 months of continuous service after February 19, 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