4//SEC Filing
SYNCHRONOSS TECHNOLOGIES INC 4
Accession 0001131554-17-000049
$SNCRCIK 0001131554operating
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 8:29 PM ET
Size
9.0 KB
Accession
0001131554-17-000049
Insider Transaction Report
Form 4
Garcia Robert
Executive Vice President
Transactions
- Award
Common Stock
2017-03-24+32,125→ 109,437 total - Award
Stock Option (Right to Buy)
2017-03-24+91,787→ 91,787 totalExercise: $25.94From: 2018-02-24Exp: 2024-03-24→ Common Stock (91,787 underlying) - Award
Performance Shares
2017-03-24+32,125→ 32,125 total
Footnotes (3)
- [F1]Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan. One-third of the shares shall vest on each of February 24, 2018, 2019 and 2020.
- [F2]Represents target number of performance shares. The actual number of the shares subject to be issued, which could range from 0 to two times the initial target amount, will depend upon certain the issuer's Non-GAAP revenue, EBITDA and recurring revenue during 2017. The shares, if any, will be issued on or about February 2018. The Reporting Person will be entitled to sell the shares on or after February 24, 2020 provided the Reporting Person is continuously employed by the Company during that period.
- [F3]The option shall become exerciseable 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 24, 2017. The option shall become exerciseable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completes each month of continuous service thereafter.
Documents
Issuer
SYNCHRONOSS TECHNOLOGIES INC
CIK 0001131554
Entity typeoperating
Related Parties
1- filerCIK 0001131554
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 8:29 PM ET
- Size
- 9.0 KB