Christina Gabrys - Aug 5, 2021 Form 3 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
Christina Gabrys
Stock symbol
SNCR
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
3
Date filed
8/12/2021, 05:47 PM
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SNCR Common Stock 14.3K 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 1.05K $10.62 Direct F2
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 1.33K $6.88 Direct F3
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 3.31K $5.43 Direct F4
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 8.51K $2.94 Direct F5
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 17.5K $3.74 Direct F6
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 5K $2.98 Direct F7
* 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. 189 shares vest on August 30, 2021; 87 shares vest on each of October 5, 2021, January 5, 2022 and April 5, 2022; 563 shares vest on March 6, 2022; 1,418 shares vest on each of June 14, 2022, 2023 and 2024; 1,666 vest on each of August 2, 2022 and April 9, 2023; 1,667 vest on April 9, 2024.
F2 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.
F3 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.
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 February 20, 2021, 2022 and 2023.
F5 The option shall become exerciseable with respect to the one-third of the shares subject to the option on each of June 14, 2022, April 9, 2023 and April 9, 2024.
F6 The option shall become fully exerciseable subject to the option on September 11, 2022, subject to continuous service through that date.
F7 The option shall become exerciseable with respect to the one-third of the shares subject to the option on each of August 2, 2022, April 9, 2023 and April 9, 2024.