SEC Form 4 · accession 0001624044-16-000011
Syneos Health, Inc. · SYNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher L Gaenzle
Officer — CAO, GC & Sec
Period of report
Sep 14, 2016
Accepted (ET)
Sep 16, 2016 · 8:03 am 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 Stock | Sep 14, 2016 | M | 4,734 | $10.06 | A | 19,252 | D | |
| Class A Common StockF2 | Sep 14, 2016 | S | 4,734 | $43.142 | D | 14,518 | D | |
| Class A Common StockF3 | Sep 15, 2016 | A | 26,782 | $0.00 | A | 41,300 | 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 Class A Common Stock)F4 | $10.06 | Sep 14, 2016 | M | 4,734 | D | — | Aug 18, 2023 | Class A Common Stock | 4,734 | 18,933 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 4, 2016.
- F2The price reported in column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $42.94 to $43.44, inclusive. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3In connection with the reporting person's entry into a Retention Agreement with the Issuer effective September 15, 2016, the reporting person received an award of restricted stock units which vest in three equal annual installments beginning on September 15, 2017, subject to continued employment.
- F4One half of the shares subject to this option vest yearly in five equal installments beginning on August 18, 2014, subject to continued employment. The other half of the shares subject to this option vest yearly in five equal installments beginning on December 31, 2013, subject to continued employment.