Patrick Joseph Doran - 13 Feb 2025 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Signature
/s/ Patrick Joseph Doran
Issuer symbol
SNCR
Transactions as of
13 Feb 2025
Transactions value $
$638,205
Form type
4
Filing time
24 Feb 2025, 17:48:38 UTC
Previous filing
06 Sep 2024
Next filing
24 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Award $279,335 +27,015 +25% $10.34 134,498 13 Feb 2025 Direct F1, F2
transaction SNCR Common Stock Tax liability -$83,257 -8,052 -6% $10.34 126,446 13 Feb 2025 Direct F1, F3
transaction SNCR Common Stock Award $442,128 +45,300 +36% $9.76 171,746 20 Feb 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is being reported late due to inadvertent administrative error. The amount in Column 5 of this Form 4 reflects the number of shares beneficially owned by the Reporting Person as of the date of this report after giving effect to the reported transaction.
F2 Performance Shares awarded July 7, 2022. The participant earned 19,075 shares based on the achievement of certain pre-established performance goals during the 2022-2024 fiscal years, all of such shares vested upon issuance.
F3 Represents a number of shares of common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of performance based restricted stock awards and does not represent an open sale.
F4 Shares of restricted stock granted pursuant to the Company's 2015 Equity Incentive Plan. One-third of the shares vest on each of March 15, 2026, March 15, 2027 and March 15, 2028.