Lou Ferraro - Sep 12, 2024 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
Lou Ferraro
Stock symbol
SNCR
Transactions as of
Sep 12, 2024
Transactions value $
-$78,454
Form type
4
Date filed
9/13/2024, 08:14 PM
Previous filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Options Exercise $51.9K +4.84K +5.79% $10.71 88.4K Sep 12, 2024 Direct
transaction SNCR Common Stock Sale -$65.9K -4.84K -5.48% $13.60 83.6K Sep 12, 2024 Direct F1
transaction SNCR Common Stock Options Exercise $9.17K +926 +1.11% $9.90 84.5K Sep 12, 2024 Direct
transaction SNCR Common Stock Sale -$12.6K -926 -1.1% $13.61 83.6K Sep 12, 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 -$51.9K -4.84K -100% $10.71 0 Sep 12, 2024 Common Stock 4.84K $10.71 Direct F2
transaction SNCR Stock Option (Right to Buy) Options Exercise -$9.17K -926 -100% $9.90 0 Sep 12, 2024 Common Stock 926 $9.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales related to year-end tax planning.
F2 This grant has a graded vesting schedule, so date exercisable varies for each vesting tranche - 2,421 shares became exercisable on July 8, 2023 and 2,421 shares became exercisable on April 26, 2024.