0001131554-17-000084.txt : 20171117
0001131554-17-000084.hdr.sgml : 20171117
20171117164859
ACCESSION NUMBER: 0001131554-17-000084
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171116
FILED AS OF DATE: 20171117
DATE AS OF CHANGE: 20171117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lurie Glenn
CENTRAL INDEX KEY: 0001723007
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-52049
FILM NUMBER: 171211606
MAIL ADDRESS:
STREET 1: C/O SYNCHRONOSS TECHNOLOGIES, INC.
STREET 2: 200 CROSSING BLVD.
CITY: BRIDGEWATER
STATE: NJ
ZIP: 08807
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SYNCHRONOSS TECHNOLOGIES INC
CENTRAL INDEX KEY: 0001131554
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 061594540
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 CROSSING BOULEVARD
CITY: BRIDGEWATER
STATE: NJ
ZIP: 08807
BUSINESS PHONE: 866-620-3940
MAIL ADDRESS:
STREET 1: 200 CROSSING BOULEVARD
CITY: BRIDGEWATER
STATE: NJ
ZIP: 08807
3
1
wf-form3_151095532517785.xml
FORM 3
X0206
3
2017-11-16
0
0001131554
SYNCHRONOSS TECHNOLOGIES INC
SNCR
0001723007
Lurie Glenn
200 CROSSING BLVD.
BRIDGEWATER
NJ
08807
1
1
0
0
Chief Executive Officer
Common Stock
180528
D
Performance Shares - November
180528
D
Stock Option (Right to Buy)
10.04
2018-11-13
2024-11-13
Common Stock
507101.0
D
Stock Option (Right to Buy)
10.04
2020-11-13
2024-11-13
Common Stock
1000000.0
D
Shares of restricted stock. One-third of the shares vest on each of November 13, 2018, 2019 and 2020.
Represents target number of performance shares. The actual number of the shares subject to be issued, which could range from 0 to two times the initial target amount, will depend upon whether the issuer has met certain performance metrics for 2018 and 2019. One-half of the shares, if any, will be issued on or about March 2019 based on the issuer's performance for 2018 and the remaining one-half of the shares, if any, will be issued on or about March 2020 based on the issuer's performance for 2019. The Reporting Person will be entitled to sell the shares upon issuance provided the Reporting Person is continuously employed by the Company through the date of issuance.
The option shall become exerciseable with respect to the first 25 percent of the shares subject to the option when the Reporting Person completes 12 months of continuous service after November 13, 2017. The option shall become exerciseable with respect to an additional 1/48th of the shares subject to the option when the Reporting Person completes each month of continuous service thereafter.
The option shall become exerciseable with respect to the shares subject to the option when the Reporting Person completes three years of continuous service after November 13, 2017.
/s/ Glenn Lurie
2017-11-17