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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2013
Feb 6, 2013
34427_dirs_2013-02-06_e7a95e57-f471-4255-ad06-80ef75739f55.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: 2013-02-04
Reporting Person: Garcia Robert (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-04 | Common Stock | M | 19283 | $0.00 | Acquired | 65128 | Direct |
| 2013-02-06 | Common Stock | S | 57 | $24.43 | Disposed | 65071 | Direct |
| 2013-02-06 | Common Stock | S | 46 | $24.01 | Disposed | 65025 | Direct |
| 2013-02-06 | Common Stock | S | 2757 | $23.69 | Disposed | 62268 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-04 | 2011-2012 Performance Shares | $0.00 | M | 19283 | Disposed | Common Stock (19283) | Direct |
Footnotes
F1: Shares of restricted stock granted pursuant to the Company's 2006 Equity Incentive Plan.
F2: All of the sales reported on this Form were effected pursuant to an approved Rule 10b5-1 trading plan. Represents sale to cover vesting of shares of Restricted Stock.
F3: Performance Shares awarded December 6, 2011. The participant earned 19,283 shares based on the achievement of certain pre-established performance goals during the 2012 fiscal year. One-third of the shares vested upon issuance; the remaining shares will vest in equal installments on December 31, 2013 and December 31, 2014.