SEC Form 4 · accession 0001209191-16-121084
SYNCHRONOSS TECHNOLOGIES INC · SNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Hoffman
Director
Period of report
May 13, 2016
Accepted (ET)
May 17, 2016 · 8:50 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 | May 13, 2016 | M | 6,132 | $30.11 | A | 34,640 | D | |
| Common Stock | May 13, 2016 | M | 5,000 | $30.89 | A | 39,640 | D | |
| Common StockF1 | May 13, 2016 | S | 11,132 | $35.16 | D | 23,508 | D | |
| Common Stock | May 16, 2016 | M | 1,368 | $30.11 | A | 24,876 | D | |
| Common Stock | May 16, 2016 | M | 7,500 | $21.63 | A | 32,376 | D | |
| Common Stock | May 16, 2016 | M | 20,000 | $14.00 | A | 52,376 | D | |
| Common Stock | May 16, 2016 | M | 7,500 | $15.89 | A | 59,876 | D | |
| Common Stock | May 16, 2016 | M | 7,500 | $26.83 | A | 67,376 | D | |
| Common StockF2 | May 16, 2016 | S | 43,868 | $35.06 | D | 23,508 | 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 | $30.11 | May 13, 2016 | M | 6,132 | D | Jan 3, 2013 | Jan 3, 2019 | Common Stock | 6,132 | 1,368 | D |
| Stock Option (Right to Buy)F4 | $30.89 | May 13, 2016 | M | 5,000 | D | Jan 7, 2015 | Jan 7, 2011 | Common Stock | 5,000 | 2,500 | D |
| Stock Option (Right to Buy)F3 | $30.11 | May 16, 2016 | M | 1,368 | D | Jan 3, 2013 | Jan 3, 2019 | Common Stock | 1,368 | 0 | D |
| Stock Option (Right to Buy)F5 | $21.63 | May 16, 2016 | M | 7,500 | D | Jan 2, 2014 | Jan 2, 2020 | Common Stock | 7,500 | 0 | D |
| Stock Option (Right to Buy)F3 | $14.00 | May 16, 2016 | M | 20,000 | D | Jan 3, 2008 | Jan 3, 2017 | Common Stock | 20,000 | 0 | D |
| Stock Option (Right to Buy)F3 | $15.89 | May 16, 2016 | M | 7,500 | D | Jan 5, 2011 | Jan 5, 2017 | Common Stock | 7,500 | 0 | D |
| Stock Option (Right to Buy)F3 | $26.83 | May 16, 2016 | M | 7,500 | D | Jan 4, 2012 | Jan 4, 2018 | Common Stock | 7,500 | 0 | 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 $35.01 to $35.37. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
- F2The weighted average sales price is reported as stock sales were aggregated for reporting purposes. The per share transaction price ranged from $35.00 to $35.26. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
- F3The option is fully exercisable.
- F4The option shall become exercisable with respect to 1/3rd of the shares subject to the option when the Reporting Person completes each year of continuous service after 1/7/2014
- F5The option shall become exercisable with respect to 1/3rd of the shares subject to the option when the Reporting Person completes each year of continuous service after 1/2/2013