SEC Form 4 · accession 0001209191-16-097457
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Cadogan
Director
Period of report
Feb 9, 2016
Accepted (ET)
Feb 10, 2016 · 8:15 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 9, 2016 | M | 25,000 | $8.98 | A | 259,015 | D | |
| Common Stock | Feb 9, 2016 | S | 25,000 | $22.96 | D | 234,015 | D | |
| Common Stock | holding | — | — | — | 50,000 | I | See Footnote |
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)F1 | $8.98 | Feb 9, 2016 | M | 25,000 | D | Feb 10, 2007 | Feb 10, 2016 | Common Stock | 25,000 | 0 | 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 2/10/2006. 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.