Lou Ferraro - 09 Aug 2022 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
Lou Ferraro
Issuer symbol
SNCR
Transactions as of
09 Aug 2022
Net transactions value
+$82,500
Form type
4
Filing time
10 Aug 2022, 17:31:39 UTC
Previous filing
11 Jul 2022
Next filing
04 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $41,250 +25,000 +19% $1.65 158,797 09 Aug 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 $41,250 +25,000 $1.65 25,000 09 Aug 2022 Common Stock 25,000 $1.65 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 August 9, 2023, August 9, 2024 and August 9, 2025.
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 August 9, 2023, August 9, 2024 and August 9, 2025.