Irving Lawrence R. 4
4 · SYNCHRONOSS TECHNOLOGIES INC · Filed Jul 28, 2017
Insider Transaction Report
Form 4
Irving Lawrence R.
Chief Financial Officer
Transactions
- Award
Common Stock
2017-07-26+32,700→ 80,392 total
Footnotes (1)
- [F1]The shares shall vest upon the earlier of (i) an Involuntary Termination, (ii) the 12 month anniversary of a Change of Control of the Company (unless the acquirer does not assume, continue, convert or replace the shares, in which case the shares shall vest upon a Change of Control) or (iii) 24 months from the grant date provided, in each case, the Reporting Person is continuously employed by the Company through such date, as the case may be. If at any time prior to the 24 month anniversary of the Effective Date, the volume-weighted average of the Company's Common Stock closing price for 20 consecutive trading days (i) exceeds $30, the number of shares that will vest upon the vesting date shall be 125% of the above amount and (ii) exceeds $35, the number of shares that will vest upon the vesting date shall be 150% of the above amount.