Patrick Joseph Doran - Aug 5, 2021 Form 3 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
EVP & Chief Technology Officer
Signature
/s/ Patrick J. Doran
Stock symbol
SNCR
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
3
Date filed
8/12/2021, 05:42 PM
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SNCR Common Stock 210K Aug 5, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 64.2K $16.33 Direct F2
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 22.5K $10.62 Direct F3
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 29.8K $6.88 Direct F4
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 46K $5.43 Direct F5
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 67.6K $2.94 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan. 14,767 shares vest on March 6, 2022; 22,523 shares vest on each of June 14, 2022 and April 9, 2023 and 22,522 shares vest on April 9, 2024.
F2 This option is fully exercisable.
F3 The option shall become exerciseable with respect to 25% of the shares subject to the option when the Reporting Person completes one year of continuous service after April 5, 2018 and 1/48th of the shares each month of continuous service thereafter.
F4 The option shall become exerciseable with respect to one-third of the shares subject to the option when the Reporting Person completes continuous service on June 6, 2020, March 6, 2021 and March 6, 2022.
F5 The option shall become exerciseable with respect to one-third of the shares subject to the option when the Reporting Person completes continuous service on each of February 20, 2021, 2022, and 2023.
F6 The option shall become exerciseable with respect to one-third of the shares subject to the option, on each of June 14, 2022, April 9, 2023 and April 9, 2024, provided the Reporting Person completes continuous service.