SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GTCR PARTNERS VII L P

(Last)

(First)

(Middle)

C/O GTCR GOLDER RAUNER, L.L.C.

SEARS TOWER #6100

(Street)

CHICAGO

60606-6402

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SYNIVERSE HOLDINGS INC [ SVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		See remarks below

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001 per share	08/14/2008		S		690⁽¹⁾	D	$17.8	737,219	D
Common Stock, par value $0.001 per share	08/14/2008		S		493⁽¹⁾	D	$17.72	736,726	D
Common Stock, par value $0.001 per share	08/14/2008		S		296⁽¹⁾	D	$17.71	736,430	D
Common Stock, par value $0.001 per share	08/14/2008		S		18,924⁽¹⁾	D	$17.7	717,506	D
Common Stock, par value $0.001 per share	08/14/2008		S		9,856⁽¹⁾	D	$17.65	707,650	D
Common Stock, par value $0.001 per share	08/14/2008		S		29,567⁽¹⁾	D	$17.6	678,083	D
Common Stock, par value $0.001 per share	08/14/2008		S		14,782⁽¹⁾	D	$17.55	663,301	D
Common Stock, par value $0.001 per share	08/15/2008		S		2,168⁽¹⁾	D	$18	661,133	D
Common Stock, par value $0.001 per share	08/15/2008		S		12,522⁽¹⁾	D	$17.95	648,611	D
Common Stock, par value $0.001 per share	08/15/2008		S		1,084⁽¹⁾	D	$17.75	647,527	D
Common Stock, par value $0.001 per share	08/15/2008		S		99⁽¹⁾	D	$17.74	647,428	D
Common Stock, par value $0.001 per share	08/15/2008		S		296⁽¹⁾	D	$17.73	647,132	D
Common Stock, par value $0.001 per share	08/15/2008		S		99⁽¹⁾	D	$17.72	647,033	D
Common Stock, par value $0.001 per share	08/15/2008		S		1,972⁽¹⁾	D	$17.71	645,061	D
Common Stock, par value $0.001 per share	08/15/2008		S		10,053⁽¹⁾	D	$17.7	635,008	D
Common Stock, par value $0.001 per share	08/15/2008		S		395⁽¹⁾	D	$17.65	634,613	D
Common Stock, par value $0.001 per share	08/15/2008		S		99⁽¹⁾	D	$17.64	634,514	D
Common Stock, par value $0.001 per share	08/15/2008		S		197⁽¹⁾	D	$17.63	634,317	D
Common Stock, par value $0.001 per share	08/15/2008		S		395⁽¹⁾	D	$17.62	633,922	D
Common Stock, par value $0.001 per share	08/15/2008		S		5,124⁽¹⁾	D	$17.6	628,798	D
Common Stock, par value $0.001 per share	08/15/2008		S		690⁽¹⁾	D	$17.55	628,108	D
Common Stock, par value $0.001 per share	08/15/2008		S		197⁽¹⁾	D	$17.54	627,911	D
Common Stock, par value $0.001 per share	08/15/2008		S		2,853⁽¹⁾	D	$17.53	625,058	D
Common Stock, par value $0.001 per share	08/15/2008		S		9,857⁽¹⁾	D	$17.5	615,201	D
Common Stock, par value $0.001 per share	08/15/2008		S		9,852⁽¹⁾	D	$17.45	605,349	D
Common Stock, par value $0.001 per share								3,926,839	I	See footnote⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

GTCR PARTNERS VII L P

(Last)

(First)

(Middle)

C/O GTCR GOLDER RAUNER, L.L.C.

SEARS TOWER #6100

(Street)

CHICAGO

60606-6402

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		See remarks below

1. Name and Address of Reporting Person^*

GTCR GOLDER RAUNER LLC

(Last)

(First)

(Middle)

C/O GTCR GOLDER RAUNER, LLC

SEARS TOWER #6100

(Street)

CHICAGO

60606-6402

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		See remarks below

Explanation of Responses:

1. Reflects shares received by GTCR Partners VII, L.P. ("GTCR Partners VII") as a result of pro rata distributions from GTCR Fund VII, L.P. ("Fund VII") and GTCR Fund VII/A, L.P. ("Fund VII/A") that were exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 promulgated thereunder.

2. Reflects 2,619,083 shares held directly by Fund VII and 1,307,756 shares held directly by Fund VII/A. GTCR Partners VII is the general partner of Fund VII and Fund VII/A, and GTCR Golder Rauner, L.L.C. ("GTCR") is the general partner of GTCR Partners VII. As such, GTCR Partners VII and GTCR may be deemed to be beneficial owners of the 3,926,839 shares reported in Table I. GTCR Partners VII and GTCR expressly disclaim beneficial ownership of such shares reported in Table I, except to the extent of their pecuniary interest therein. The filing of this form shall not be deemed an admission that GTCR Partners VII or GTCR is, for Section 16 purposes or otherwise, the beneficial owner of such shares, except to the extent of their pecuniary interest therein.

Remarks:

The Reporting Person may be deemed a director by virtue of its members serving on the board of directors of Syniverse Holdings, Inc.

	/s/ Jody S. Gale under a Power of Attorney	08/18/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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