Lou Ferraro - Nov 2, 2022 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
Chief Financial Officer
Signature
Lou Ferraro
Stock symbol
SNCR
Transactions as of
Nov 2, 2022
Transactions value $
$55,000
Form type
4
Date filed
11/4/2022, 05:12 PM
Previous filing
Aug 10, 2022
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $27.5K +25K +15.74% $1.10 184K Nov 2, 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 $27.5K +25K $1.10 25K Nov 2, 2022 Common Stock 25K $1.10 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 November 2, 2023, November 2, 2024 and November 2, 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 November 2, 2023, November 2, 2024 and November 2, 2025.