Christina Gabrys - 05 Sep 2024 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
/s/Christina Gabrys
Issuer symbol
SNCR
Transactions as of
05 Sep 2024
Net transactions value
-$69,095
Form type
4
Filing time
06 Sep 2024, 17:24:02 UTC
Previous filing
19 Apr 2024
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Options Exercise $51,858 +4,842 +12% $10.71 46,359 05 Sep 2024 Direct
transaction SNCR Common Stock Sale $69,095 -4,842 -10% $14.27 41,517 05 Sep 2024 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) Options Exercise $51,858 -4,842 -67% $10.71 2,421 05 Sep 2024 Common Stock 4,842 $10.71 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tax planning for the year given significant stock awards year to date.
F2 This grant has a graded vesting schedule, so date exercisable varies for each vesting tranche - 2,421 became exercisable on July 8, 2023 and 2,421 became exercisable on April 26, 2024.