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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2012
Dec 21, 2012
34427_dirs_2012-12-21_54a0a3ca-1bb3-42e2-a50f-744c3d5abcf0.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: 2012-12-19
Reporting Person: Doran Patrick Joseph (EVP & Chief Technology Office)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-19 | Common Stock | M | 1500 | $11.21 | Acquired | 36470 | Direct |
| 2012-12-19 | Common Stock | M | 837 | $9.93 | Acquired | 37307 | Direct |
| 2012-12-19 | Common Stock | M | 1084 | $14.00 | Acquired | 38391 | Direct |
| 2012-12-19 | Common Stock | S | 4513 | $20.31 | Disposed | 33878 | Direct |
| 2012-12-19 | Common Stock | S | 44 | $20.12 | Disposed | 33834 | Direct |
| 2012-12-20 | Common Stock | S | 27 | $20.49 | Disposed | 33807 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-21 | Stock Option (Right to Buy) | $11.21 | M | 1500 | Disposed | 2016-08-01 | Common Stock (1500) | Direct |
| 2012-12-21 | Stock Option (Right to Buy) | $9.93 | M | 833 | Disposed | 2015-12-05 | Common Stock (833) | Direct |
| 2012-12-21 | Stock Option (Right to Buy) | $14.00 | M | 1084 | Disposed | 2016-12-01 | Common Stock (1084) | Direct |
Footnotes
F1: Represents sale to cover vesting of shares of Restricted Stock.
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 August 1, 2009. 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.
F3: 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 December 5, 2008. 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.
F4: 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 December 1, 2009. 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.