SEC Form 4 · accession 0001624048-15-000003
Syneos Health, Inc. · SYNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James T. Ogle
Director
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 8:21 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 | May 11, 2015 | M | 3,416 | $8.45 | A | 240,102 | D | |
| Class A Common StockF1 | May 11, 2015 | F | 1,687 | $32.22 | D | 238,415 | D | |
| Class A Common StockF2 | May 11, 2015 | S | 1,729 | $29.68 | D | 236,686 | D | |
| Class A Common Stock | May 11, 2015 | M | 775 | $10.57 | A | 237,461 | D | |
| Class A Common StockF3 | May 11, 2015 | F | 254 | $32.22 | D | 237,207 | D | |
| Class A Common StockF2 | May 11, 2015 | S | 521 | $29.68 | D | 236,686 | 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 | $8.45 | May 11, 2015 | M | 3,416 | D | — | Sep 28, 2020 | Class A Common Stock | 3,416 | 124,523 | D |
| Stock Option (Right to Buy Class A Common Stock)F5 | $10.57 | May 11, 2015 | M | 775 | D | — | Jan 1, 2023 | Class A Common Stock | 775 | 47,187 | D |
Explanation of responses
- F1Pursuant to the INC Research Holdings, Inc. (the "Issuer") 2010 Equity Incentive Plan, this is the fair market value based on a 20-day average of the closing prices of the Issuer's common stock for purposes of cancellation of shares to pay the exercise price and withholding taxes.
- F2The price represents the public offering price of $31.00 per share of Common Stock, par value $0.01 per share (each, a "Share"), of the Issuer, less the underwriting discount of $1.32 per Share.
- F3Pursuant to the Issuer's 2010 Equity Incentive Plan, this is the fair market value based on a 20-day average of the closing prices of the Issuer's common stock for purposes of cancellation of shares to pay the exercise price and withholding taxes.
- F4This option is fully vested.
- F5The shares subject to this option vest yearly in three equal installments beginning on January 1, 2014, subject to continued service on the Issuer's Board of Directors.