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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2013
Feb 6, 2013
34427_dirs_2013-02-06_ce31e476-e56a-4a00-b3c5-6a7ebeaf3933.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: Waldis Stephen G (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-04 | Common Stock | M | 35213 | $0.00 | Acquired | 1019329 | Direct |
| 2013-02-06 | Common Stock | S | 76 | $24.00 | Disposed | 1019253 | Direct |
| 2013-02-06 | Common Stock | S | 4321 | $23.69 | Disposed | 1014932 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-04 | 2011-2012 Performance Shares | $0.00 | M | 35213 | Acquired | Common Stock (35213) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 53606 | Indirect |
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: Shares held by the Waldis Family Partnership L.P., of which Stephen G. Waldis is the general partner.
F4: Performance Shares awarded December 6, 2011. The participant earned 35,213 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.