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SYNCHRONOSS TECHNOLOGIES INC — Director's Dealing 2024
Aug 10, 2024
34427_dirs_2024-08-09_f0ec0629-2b21-4649-8739-6dbb4be396ab.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: 2024-08-07
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 |
|---|---|---|---|---|---|---|---|
| 2024-08-07 | Common Stock | S | 520 | $11.20 | Disposed | 1410592 | Indirect |
| 2024-08-08 | Common Stock | S | 40578 | $11.2417 | Disposed | 1370014 | Indirect |
| 2024-08-09 | Common Stock | S | 57466 | $11.4494 | Disposed | 1312548 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2740 | Indirect |
| Common Stock | 49523 | Direct |
| Common Stock | 273 | Indirect |
| Common Stock | 273 | Indirect |
| Common Stock | 273 | Indirect |
| Common Stock | 273 | 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: Reflects a reverse stock split of ratio 1-for-9 as described in the Issuer's Form 8-K filed with the SEC on December 7, 2023.
F6: Represents the transfer of 233,334 shares of Common Stock previously owned by BRS, subsequently transferred to BRFI.
F7: Represents the removal of 468,067 pre-split shares that were inadvertently reported previously, but which are not deemed to be beneficially owned by the Reporting Persons.