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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2015
Aug 27, 2015
34427_dirs_2015-08-27_34ad6dcb-d55e-462c-8fb4-a30e73eb322c.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: 2015-08-26
Reporting Person: Waldis Stephen G (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-26 | Common Stock | M | 21000 | $9.93 | Acquired | 637285 | Direct |
| 2015-08-26 | Common Stock | S | 21000 | $40.18 | Disposed | 616285 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-26 | Stock Option (Right to Purchase) | $14.00 | M | 21000 | Disposed | 2016-12-01 | Common Stock (21000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 53606 | Indirect |
Footnotes
F1: The weighted average sales price is reported as stock sales were aggregated for reporting purposes. The per share transaction price ranged from $40.00 to $40.51. The reporting person will provide, upon request from an appropriate party, the per share sales volume and prices.
F2: Shares held by the Waldis Family Partnership L.P., of which Stephen G. Waldis is the general partner.
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 1, 2009. 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.