Christopher K. Hill - Aug 5, 2021 Form 3 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
EVP & Chief Commercial Officer
Signature
Christopher K. Hill
Stock symbol
SNCR
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
3
Date filed
8/13/2021, 09:06 PM
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SNCR Common Stock 98K 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 8.28K $6.88 Direct F2
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 20.7K $5.43 Direct F3
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 14K $3.43 Direct F4
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 35.1K $2.94 Direct F5
holding SNCR Stock Option (Right to Buy) Aug 5, 2021 Common Stock 25K $3.74 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock granted pursuant to the Company's 2017 Equity Incentive Plan with 3,125 vesting on each of November 1, 2021 and February 1, 2022. Also includes shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan with 3,520 shares vesting on March 6, 2022, 11,712 shares vesting on each of June 14, 2022 and April 9, 2023 and 11,711 vesting on April 9, 2024.
F2 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 June 6, 2020, March 6, 2021 and March 6, 2022.
F3 The option shall become exerciseable with respect to the one-third of the shares subject to the option when the Reporting Person completes each year of continuous service after February 20, 2020.
F4 The option shall become exerciseable with respect to one-quarter of the shares subject to the option when the Reporting Person completes each year of continuous service after July 1, 2020.
F5 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.
F6 This option shall become exercisable when the Reporting Person completes continuous service on September 11, 2022.