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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2011
Mar 11, 2011
34427_dirs_2011-03-11_6c566f47-f0aa-4f5c-bf6e-d0cd9f02f834.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: 2011-03-09
Reporting Person: Garcia Robert (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-09 | Common Stock | M | 312 | $0.29 | Acquired | 34219 | Direct |
| 2011-03-09 | Common Stock | M | 11898 | $1.84 | Acquired | 46117 | Direct |
| 2011-03-09 | Common Stock | S | 12210 | $32.75 | Disposed | 33907 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-09 | Stock Option (Right to Purchase) | $0.29 | M | 312 | Disposed | 2014-02-19 | Common Stock (312) | Direct |
| 2011-03-09 | Stock Option (Right to Purchase) | $1.84 | M | 11898 | Disposed | 2015-04-12 | Common Stock (11898) | Direct |
Footnotes
F1: 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 February 19, 2004. 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.
F2: The option became exercisable with respect to the first 25 percent of the shares subject to the option when the Reporting Person completed 12 months of continuous service after April 12, 2005. The option becomes 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.