Filing Details

Accession Number:
0001209191-15-016317
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-19 19:38:49
Reporting Period:
2015-02-17
Filing Date:
2015-02-19
Accepted Time:
2015-02-19 19:38:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1131554 Synchronoss Technologies Inc SNCR Services-Computer Programming Services (7371) 061594540
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1519404 J Paula Hilbert 200 Crossing Blvd.
Eighth Floor
Bridgewater NJ 08807
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-02-17 3,836 $0.00 34,535 No 4 A Direct
Common Stock Disposition 2015-02-17 2,199 $42.68 32,336 No 4 S Direct
2015-2017 Performance Shares Acquisiton 2015-02-17 3,836 $0.00 3,836 No 4 A Direct
2015-2016 Performance Shares Acquisiton 2015-02-17 3,836 $0.00 3,836 No 4 A Direct
2015-2017A Performance Shares Acquisiton 2015-02-17 1,918 $0.00 1,918 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2015-02-17 10,447 $0.00 10,447 $43.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,447 2016-02-17 2022-02-17 No 4 A Direct
Footnotes
  1. Shares of restricted stock granted pursuant to the Company's 2006 Equity Incentive Plan. One-third of the shares shall vest on each anniversary of the grant date
  2. All of the sales reported on this Form were effected pursuant to an approved Rule 10b5-1 trading plan. Represents sale to cover vesting of shares of Restricted Stock.
  3. Represents target number of performance shares. The actual number of shares to be issued, which could range from 0 to two times the initial target amount, will depend upon the issuer's revenue, EBITDA and cloud revenue growth during fiscal years 2015, 2016 and 2017. The shares, if any, will be issued in February 2018.
  4. Represents target number of performance shares. The actual number of shares to be issued, which could range from 0 to two times the initial target amount, will depend upon the issuer's revenue, EBITDA and cloud revenue growth during fiscal years 2015 and 2016. The shares, if any, will be issued in February 2016 with respect to 2015 financial targets and February 2017 with respect to the 2015-2016 financial targets.
  5. Represents target number of performance shares. The actual number of shares to be issued, which could range from 0 to one times the initial target amount based on agreed upon objectives of the Company. The shares, if any, will be issued in February 2018.
  6. The option shall become exercisable with respect to the first 25 percent of the shares subject to the option when the Reporting Person completes 12 months of continuous service after February 17, 2015. The option shall become exercisable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completed each month of continuous service thereafter.