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

Signature
Lou Ferraro
Issuer symbol
SNCR
Transactions as of
12 Sep 2024
Net transactions value
-$78,454
Form type
4
Filing time
13 Sep 2024, 20:14:37 UTC
Previous filing
01 May 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 +5.8% $10.71 88,398 12 Sep 2024 Direct
transaction SNCR Common Stock Sale $65,851 -4,842 -5.5% $13.60 83,556 12 Sep 2024 Direct F1
transaction SNCR Common Stock Options Exercise $9,167 +926 +1.1% $9.90 84,482 12 Sep 2024 Direct
transaction SNCR Common Stock Sale $12,603 -926 -1.1% $13.61 83,556 12 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 -100% $10.71 0 12 Sep 2024 Common Stock 4,842 $10.71 Direct F2
transaction SNCR Stock Option (Right to Buy) Options Exercise $9,167 -926 -100% $9.90 0 12 Sep 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.