SEC Form 4 · accession 0001328255-17-000006
Syneos Health, Inc. · SYNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory S Rush
Officer — Executive VP and CFO
Period of report
Aug 1, 2017
Accepted (ET)
Aug 2, 2017 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610950
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Aug 1, 2017 | M | 11,527 | $0.00 | A | 66,296 | D | |
| Class A Common StockF1,F2 | Aug 1, 2017 | M | 12,000 | $0.00 | A | 78,296 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF2 | — | Aug 1, 2017 | M | 17,291 | D | — | — | Class A Common Stock, par value $0.01 per share | 17,291 | 0 | D |
| Performance Restricted Stock UnitsF2 | — | Aug 1, 2017 | M | 18,000 | D | — | — | Class A Common Stock | 18,000 | 0 | D |
Explanation of responses
- F1Consists of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of INC Research Holdings, Inc. (the "Issuer") common stock. The RSUs cliff vest three years from the grant date, subject to continued employment.
- F2Each award of performance restricted stock units ("PRSUs") converted on August 1, 2017 at the target level of performance to RSUs. PRSUs in excess of the target amount were forfeited on that date.