SYNCHRONOSS TECHNOLOGIES INC 4
4 · SYNCHRONOSS TECHNOLOGIES INC · Filed Aug 8, 2016
Insider Transaction Report
Form 4
McCormick James M
Director10% Owner
Transactions
- Exercise/Conversion
Stock Option (Right to Purchase)
2007-01-03−10,000→ 0 totalExercise: $14.00From: 2008-02-03Exp: 2017-01-03→ Common Stock (10,000 underlying) - Exercise/Conversion
Stock Option (Right to Purchase)
2007-01-03−10,000→ 0 totalExercise: $14.00From: 2008-02-03Exp: 2017-01-03→ Common Stock (10,000 underlying) - Exercise/Conversion
Stock Option (Right to Purchase)
2010-01-05−7,500→ 0 totalExercise: $15.89From: 2011-01-05Exp: 2017-01-05→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2016-08-04$14.00/sh+10,000$140,000→ 2,214,728 total - Sale
Common Stock
2016-08-04$40.00/sh−27,500$1,100,000→ 2,194,728 total - Exercise/Conversion
Common Stock
2016-08-04$14.00/sh+10,000$140,000→ 2,204,728 total - Exercise/Conversion
Common Stock
2016-08-04$15.89/sh+7,500$119,175→ 2,222,228 total
Holdings
- 87,000(indirect: by Vertek Corporation)
Common Stock
Footnotes (3)
- [F1]The Reporting Person is the Chief Executive Officer and sole stockholder of Vertek Corporation. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 for any other purpose.
- [F2]The option shall become exercisable with respect to 1/12th of the shares subject to the option when the Reporting Person completes each month of continuous service after 1/3/2007.
- [F3]The option shall become exercisable with respect to 1/3 of the shares to the option when the Reporting Person completes each year of continuous service after 1/5/2010.