Lou Ferraro - Jul 8, 2022 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
EVP and CHRO
Signature
Lou Ferraro
Stock symbol
SNCR
Transactions as of
Jul 8, 2022
Transactions value $
$77,777
Form type
4
Date filed
7/11/2022, 05:17 PM
Previous filing
Mar 16, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $77.8K +65.4K +95.5% $1.19 134K Jul 8, 2022 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 $0 +65.4K $0.00 65.4K Jul 8, 2022 Common Stock 65.4K $1.19 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 shares vest on each of July 8, 2023, April 26, 2024 and April 26, 2025, provided the Reporting Person completes continuous service at the time of each vesting.
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 July 8, 2023, April 26, 2024 and April 26, 2025.