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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2019
Jun 11, 2019
34427_dirs_2019-06-10_30fd6ac4-24f6-4548-a136-c82e06524408.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: 2019-06-06
Reporting Person: Baker Frank (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-06 | Common Stock | A | 15189 | $0.00 | Acquired | 15189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-06 | Stock Option (Right to Purchase) | $6.88 | A | 23827 | Acquired | 2026-06-06 | Common Stock (23827) | Direct |
Footnotes
F1: On June 6, 2019, pursuant to the Issuer's 2015 Equity Incentive Plan, the Issuer awarded shares of restricted stock to Frank Baker that vest with respect to one-third of the shares of restricted stock on each of June 6, 2020, March 6, 2021 and March 6, 2022. 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.
F2: On June 6, 2019, the Issuer awarded a stock option to purchase shares of Common Stock to Frank Baker, which becomes exercisable with respect to one-third of the shares subject to the stock option on each of June 6, 2020, March 6, 2021 and March 6, 2022. Pursuant to an assignment agreement between Siris Capital Group LLC, the Reporting Person and 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.