AI assistant
SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2013
Feb 15, 2013
34427_dirs_2013-02-15_a6551378-6e5d-48a9-9099-0847856a3421.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYNCHRONOSS TECHNOLOGIES INC (SNCR)
CIK: 0001131554
Period of Report: 2013-02-14
Reporting Person: Hilbert Paula J (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-14 | Common Stock | A | 3880 | $0.00 | Acquired | 33378 | Direct |
| 2013-02-14 | Common Stock | A | 3589 | $0.00 | Acquired | 36967 | Direct |
| 2013-02-14 | 2013 Performance Shares | A | 5500 | $0.00 | Acquired | 5500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-14 | Stock Option (Right to Purchase) | $31.02 | A | 9700 | Acquired | 2020-02-14 | Common Stock (9700) | Direct |
Footnotes
F1: Shares of restricted stock granted pursuant to the Company's 2006 Equity Incentive Plan.
F2: Represents target number of performance shares. The actual number of shares to be issued, which could range from 0 to one and one-half times the initial target amount, will depend upon the issuer's revenue and operating income during fiscal 2013 and the Company's stock performance. The shares, if any, will be issued in February 2014.
F3: Th 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 14, 2013. 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.