Christopher K. Hill - 18 Oct 2021 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
Christopher K. Hill
Issuer symbol
SNCR
Transactions as of
18 Oct 2021
Net transactions value
+$150,003
Form type
4
Filing time
20 Oct 2021, 17:37:06 UTC
Previous filing
13 Aug 2021
Next filing
04 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $75,002 +33,334 +34% $2.25 131,289 18 Oct 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
transaction SNCR Stock Option (Right to Buy) Award $75,002 +33,334 $2.25 33,334 18 Oct 2021 Common Stock 33,334 $2.25 Direct F2
* 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. One-third of the shares vest on each of October 18, 2022, 2023 and 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 October 18, 2022, 2023 and 2024.