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SYNCHRONOSS TECHNOLOGIES INC Director's Dealing 2011

Jan 6, 2011

34427_dirs_2011-01-06_ce22a390-9a91-4a36-8337-5ec65d7cb40d.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: 2011-01-04

Reporting Person: McCormick James M (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-04 Common Stock A 3335 $0.00 Acquired 1899655 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-04 Stock Option (Right to Buy) $26.83 A 7500 Acquired 2018-01-04 Common Stock (7500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 770681 Indirect
Common Stock 2000000 Indirect
Common Stock 1000000 Indirect

Footnotes

F1: Shares of restricted stock granted pursuant to the Company's 2006 Equity Incentive Plan.

F2: These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on June 11, 2008. Reporting Person is the sole trustee of the trust

F3: The Reporting Person is the Chief Executive Officer and sole stockholder of Vertek Corporation. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 for any other purpose.

F4: These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on May 13, 2010.

F5: The option shall become exercisable with respect to 1/3 of the shares subject to the option when the Reporting Person completes each year of continuous service after 1/4/2011.