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SYNCHRONOSS TECHNOLOGIES INC Director's Dealing 2023

Nov 14, 2023

34427_dirs_2023-11-14_5937cf1c-ba28-493e-b894-c7acbdd9196f.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: 2023-11-10

Reporting Person: B. Riley Financial, Inc. (10% Owner)
Reporting Person: B. Riley Securities, Inc. (10% Owner)
Reporting Person: BRF Investments, LLC (10% Owner)
Reporting Person: RILEY BRYANT R (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-11-10 Common Stock P 544972 $0.4458 Acquired 2025471 Indirect
2023-11-13 Common Stock P 25000 $0.45 Acquired 2050471 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 10600000 Indirect
Common Stock 913774 Direct
Common Stock 2457 Indirect
Common Stock 2457 Indirect
Common Stock 2457 Indirect
Common Stock 2457 Indirect

Footnotes

F1: This Form 4 is being filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), BRF Investments, LLC, a Delaware limited liability company ("BRFI"), and Bryant R. Riley.

F2: BRF is the parent company of BRS and BRFI. As a result, BRF may be deemed to indirectly beneficially own the shares held by BRS and BRFI.

F3: Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the shares of Common Stock directly held by BRS and BRFI. Each of BRF, BRS, BRFI, and Bryant R. Riley disclaims beneficial ownership of the outstanding shares of Common Stock reported herein, except to the extent of its/his respective pecuniary interest therein.

F4: Represents shares held directly by Bryant R. Riley.

F5: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.419 to $0.45, inclusive. The Filing Persons undertake to provide the Commission, upon request, full information regarding the number of shares purchased at each separate price.

F6: Represents 10,600,000 shares of Common Stock previously owned by BRS and subsequently transferred to BRFI.