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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2020
Feb 24, 2020
34427_dirs_2020-02-24_1cc466fc-fe8f-41bb-8437-81ed05c029ef.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: 2020-02-20
Reporting Person: Berger Peter (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-20 | Common Stock | A | 17679 | $0.00 | Acquired | 32868 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-20 | Stock Option (Right to Purchase) | $5.43 | A | 11786 | Acquired | 2027-02-20 | Common Stock (11786) | Direct |
Footnotes
F1: On February 20, 2020, pursuant to the 2015 Equity Incentive Plan of Synchronoss Technologies, Inc., a Delaware corporation (the "Issuer"), the Issuer awarded shares of restricted stock to Peter Berger that vest with respect to one-third of the shares of restricted stock on each of February 20, 2021, February 20, 2022 and February 20, 2023. Pursuant to an assignment agreement between Siris Capital Group LLC, a Delaware limited liability company ("Siris Capital Group"), 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.
F2: On February 20, 2020, the Issuer awarded a stock option to purchase shares of Common Stock to Peter Berger, which becomes exercisable with respect to one-third of the shares subject to the stock option on each of February 20, 2021, February 20, 2022 and February 20, 2023. 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.