SEC Form 4 · accession 0001209191-16-106228
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G Waldis
Officer — CEO and Chairman · Director
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 6:48 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 | Mar 2, 2016 | M | 4,914 | $14.00 | A | 592,024 | D | |
| Common Stock | Mar 2, 2016 | S | 8,509 | $30.00 | D | 583,515 | D | |
| Common Stock | Mar 3, 2016 | M | 115 | $14.00 | A | 583,630 | D | |
| Common Stock | Mar 3, 2016 | S | 200 | $30.01 | D | 583,430 | D | |
| Common Stock | holding | — | — | — | 53,606 | I | As GP of Waldis Family Partnership |
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 | $14.00 | Mar 2, 2016 | M | 4,914 | D | Dec 1, 2010 | Dec 1, 2016 | Common Stock | 4,914 | 21,956 | D |
| Stock Option (Right to Purchase)F1 | $14.00 | Mar 3, 2016 | M | 115 | D | Dec 1, 2010 | Dec 1, 2016 | Common Stock | 115 | 21,841 | D |
Explanation of responses
- F1The option became exercisable with respect to the first 25 percent of the shares subject to the option when the Reporting Person completed 12 months of continuous service after December 1, 2009. The option becomes 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