Kevin Rendino - 04 Dec 2023 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
Director
Signature
/s/ Daniel B. Wolfe by Power of Attorney
Issuer symbol
SNCR
Transactions as of
04 Dec 2023
Net transactions value
+$15,534
Form type
4
Filing time
04 Dec 2023, 17:30:53 UTC
Previous filing
29 Nov 2023
Next filing
07 Dec 2023
SEC
View on sec.gov

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 $15,534 +30,000 $0.5178 30,000 04 Dec 2023 Common Stock, par value $0.0001 per share 30,000 $0.5178 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shall become exerciseable with respect to one-third of the shares subject to the option when the Reporting Person completes each year of continuous service after December 4, 2023.
F2 Pursuant to an assignment and assumption agreement between the Reporting Person and 180 Degree Capital Corp. ("180 Degree"), the Reporting Person has assigned all economic and beneficial interest in this option (and the underlying shares of common stock) to 180 Degree.