Lou Ferraro - Aug 9, 2022 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
Acting Chief Financial Officer
Signature
Lou Ferraro
Stock symbol
SNCR
Transactions as of
Aug 9, 2022
Transactions value $
$82,500
Form type
4
Date filed
8/10/2022, 05:31 PM
Previous filing
Jul 11, 2022
Next filing
Nov 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $41.3K +25K +18.69% $1.65 159K Aug 9, 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 $41.3K +25K $1.65 25K Aug 9, 2022 Common Stock 25K $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.