Taylor C. Greenwald - 01 Nov 2021 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
Taylor C. Greenwald
Issuer symbol
SNCR
Transactions as of
01 Nov 2021
Net transactions value
+$1,416,778
Form type
4
Filing time
10 Nov 2021, 15:54:32 UTC
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $900,000 +360,000 $2.50 360,000 01 Nov 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 $516,778 +206,711 $2.50 206,711 01 Nov 2021 Common Stock 206,711 $2.50 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 2017 New Hire Equity Incentive Plan. One-third of the shares vest on each of November 1, 2022, November 1, 2023 and November 1, 2024.
F2 The option shall become exerciseable with respect to one-quarter of the shares subject to the option when the Reporting Person completes continuous service on each of November 1, 2022, November 1, 2023, November 1, 2024 and November 1, 2025.