SYNCHRONOSS TECHNOLOGIES INC 4
4 · SYNCHRONOSS TECHNOLOGIES INC · Filed Jan 7, 2016
Insider Transaction Report
Form 4
McCormick James M
Director10% Owner
Transactions
- Award
Stock Option (Right to Purchase)
2016-01-05+6,514→ 6,514 totalExercise: $33.50From: 2017-01-05Exp: 2023-01-05→ Common Stock (6,514 underlying) - Award
Common Stock
2016-01-05+3,582→ 2,194,728 total
Holdings
- 870,000(indirect: by Vertek Corporation)
Common Stock
Footnotes (3)
- [F1]Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan.
- [F2]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.
- [F3]The option shall become exercisable with respect to 1/3rd of the shares subject to the option when the Reporting Person completes each year of continuous service after 1/5/2016