SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2017

Mar 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNCHRONOSS TECHNOLOGIES INC (SNCR)
CIK: 0001131554
Period of Report: 2017-03-24

Reporting Person: Waldis Stephen G (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-24	Common Stock	A	43240	—	Acquired	490892	Direct
2017-03-24	Performance Shares	A	43240	—	Acquired	43240	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-24	Stock Option (Right to Purchase)	$25.94	A	123545	Acquired	2024-02-24	Common Stock (123545.0)	Direct

Footnotes

F1: Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan. One-third of the shares vest on each of Februay 24, 2018, 2019 and 2020.

F2: Represents target number of performance shares. The actual number of the shares subject to be issued, which could range from 0 to two times the initial target amount, will depend upon certain the issuer's Non-GAAP revenue, EBITDA and recurring revenue during 2017. The shares, if any, will be issued on or about February 2018. The Reporting Person will be entitled to sell the shares on or after February 24, 2020 provided the Reporting Person is continuously employed by the Company through February 24, 2020.

F3: The option shall become exerciseable with respect to the one-third of the shares subject to the option when the Reporting Person completes each year of continuous service after February 24, 2017