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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2021
Aug 12, 2021
34427_dirs_2021-08-12_34bc49dc-88a1-43a3-b14e-4ed206f6b215.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SYNCHRONOSS TECHNOLOGIES INC (SNCR)
CIK: 0001131554
Period of Report: 2021-08-05
Reporting Person: Ferraro Lou (EVP and CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 44047 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $6.88 | 2026-06-06 | Common Stock (8283.0) | Direct | |
| Stock Option (Right to Buy) | $5.43 | 2026-02-20 | Common Stock (20718.0) | Direct | |
| Stock Option (Right to Buy) | $3.74 | 2027-09-11 | Common Stock (25000.0) | Direct | |
| Stock Option (Right to Buy) | $2.94 | 2028-06-14 | Common Stock (29730.0) | Direct |
Footnotes
F1: Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan. 937 shares vest on each of November 1, 2021 and February 1, 2022; 3,520 shares vest on June 6, 2022; 9,910 shares vest on each of June 14, 2022, April 9, 2023 and April 9, 2024.
F2: The option shall become exerciseable with respect to one-third of the shares subject to the option when the Reporting Person completes continuous service on each of June 6, 2020, March 6, 2021 and March 6, 2022.
F3: The option shall become exerciseable with respect to one-third of the shares subject to the option when the Reporting Person completes each year of continuous service on each of February 20, 2020, 2021 and 2022.
F4: The option shall become exerciseable when the Reporting Person completes continuous service on September 11, 2022.
F5: The option shall become exerciseable with respect to one-third of the shares subject to the option, on each of June 14, 2022, April 9, 2023 and April 9, 2024, provided the Reporting Person completes continuous service.