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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2010
Apr 8, 2010
34427_dirs_2010-04-08_79e1f2c1-d040-4d69-bdaf-3b7798f3a66a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYNCHRONOSS TECHNOLOGIES INC (SNCR)
CIK: 0001131554
Period of Report: 2010-04-06
Reporting Person: Tellez Omar (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-06 | Common Stock | M | 15000 | $6.95 | Acquired | 22198 | Direct |
| 2010-04-06 | Common Stock | S | 15000 | $19.66 | Disposed | 7198 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-06 | Stock Option (Right to Buy) | $6.95 | M | 15000 | Acquired | 2016-07-25 | Common Stock (15000) | Direct |
Footnotes
F1: The weighted average sales price is reported as stock sales were aggregated for reporting purposes. The per share transation price ranged from $19.44 to $20.17. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
F2: The option shall become exercisable with respect to the first 25 percent of the shares subject to the option when the Reporting Person completes 12 months of continuous service after July 3, 2006. The option shall become exercisable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completes each month of continuous service thereafter.