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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2018
Feb 21, 2018
34427_dirs_2018-02-20_61f42aff-a1ef-4c24-9534-43b77497762b.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: 2018-02-15
Reporting Person: Baker Frank (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-15 | Stock Option (Right to Purchase) | $7.48 | A | 30000 | Acquired | 2025-02-14 | Common Stock (30000) | Direct |
Footnotes
F1: The stock option becomes exercisable with respect to one-third of the shares subject to the stock option when the Reporting Person completes each year of continuous service after February 15, 2018. Pursuant to an assignment agreement between Siris Capital Group LLC, a Delaware limited liability company ("Siris Capital Group"), the Reporting Person and Synchronoss Technologies, Inc., a Delaware corporation (the "Issuer"), dated as of February 15, 2018, the Reporting Person has assigned to Siris Capital Group all of his right, title and interest in and to any compensation, including equity awards, he receives from the Issuer for his services as a director of the Issuer.