Patrick Joseph Doran - 20 Feb 2024 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
/s/ Patrick J. Doran
Issuer symbol
SNCR
Transactions as of
20 Feb 2024
Transactions value $
$52,547
Form type
4
Filing time
07 Mar 2024, 19:46:59 UTC
Previous filing
10 Jul 2023
Next filing
01 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $78,201 +6,389 +9.7% $12.24 72,058 20 Feb 2024 Direct F1, F2
transaction SNCR Common Stock Sale -$25,654 -2,750 -3.8% $9.33 69,308 05 Mar 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Shares awarded June 14, 2021. The participant earned 6,389 shares based on the achievement of certain pre-established performance goals during the 2021 - 2023 fiscal years, all of such shares vested upon issuance.
F2 The number of shares reported in this Form 4 account for the one-for-nine Reverse Stock Split effected by the Issuer on December 11, 2023. No fractional shares were issued in connection with the Reverse Stock Split. Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole number.
F3 All of the sales reported on this Form were effected pursuant to an approved Rule 10b5-1 trading plan. Represents sale to cover tax obligations associated with the vesting of shares of Restricted Stock.