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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^*

Silver Private Holdings I, LLC

(Last)

(First)

(Middle)

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SYNCHRONOSS TECHNOLOGIES INC [ SNCR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
05/02/2017

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 $0.0001 per share	05/02/2017		P		428,569	A	$15.67⁽⁷⁾	5,065,853	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Common Stock, par value $0.0001 per share	05/02/2017		P		247,394	A	$16.16⁽⁸⁾	5,313,247	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Common Stock, par value $0.0001 per share	05/03/2017		P		506,420	A	$15.98⁽⁹⁾	5,819,667	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Common Stock, par value $0.0001 per share	05/04/2017		P		126,416	A	$15.66⁽¹⁰⁾	5,946,083	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Common Stock, par value $0.0001 per share	05/04/2017		P		48,584	A	$16.19⁽¹¹⁾	5,994,667	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾

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^*

Silver Private Holdings I, LLC

(Last)

(First)

(Middle)

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Silver Private Investments, LLC

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Partners III, L.P.

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Partners III Parallel, L.P.

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Partners GP III, L.P.

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris GP HoldCo III, LLC

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Capital Group III, L.P.

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Capital Group, LLC

(Last)

(First)

(Middle)

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Advisor HoldCo III, LLC

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Siris Advisor HoldCo, LLC

(Last)

(First)

(Middle)

C/O SIRIS CAPITAL GROUP, LLC

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

Explanation of Responses:

1. This Form 4 is being jointly filed by and on behalf of each of the following persons (each, a "Reporting Person"): (i) Silver Private Holdings I, LLC, a Delaware limited liability company ("Silver Holdings"); (ii) Silver Private Investments, LLC, a Delaware limited liability company ("Silver Parent"); (iii) Siris Partners III, L.P., a Delaware limited partnership ("Siris Fund III"); (iv) Siris Partners III Parallel, L.P., a Delaware limited partnership ("Siris Fund III Parallel"); (v) Siris Partners GP III, L.P., a Delaware limited partnership ("Siris Fund III GP"); (vi) Siris GP HoldCo III, LLC, a Delaware limited liability company ("Siris Fund III GP HoldCo"); (vii) Siris Capital Group III, L.P., a Delaware limited partnership ("Siris Fund III Advisor"); (viii) Siris Capital Group, LLC, a Delaware limited liability company ("Siris Capital Group"); (ix) Siris Advisor HoldCo III, LLC, a Delaware limited liability company ("Siris Fund III Advisor HoldCo");

2. (Continued from Footnote 1) and (x) Siris Advisor HoldCo, LLC, a Delaware limited liability company ("Siris Advisor HoldCo").

3. Silver Holdings is controlled by its sole member, Silver Parent. Silver Parent is controlled by its members, Siris Fund III and Siris Fund III Parallel. Each of Siris Fund III and Siris Fund III Parallel is controlled by its general partner, Siris Fund III GP. Siris Fund III GP is controlled by its general partner, Siris Fund III GP HoldCo. Siris Fund III Advisor serves as investment manager to Siris Fund III and Siris Fund III Parallel pursuant to investment management agreements with each of them. Siris Capital Group shares investment management authority in respect of Siris Fund III and Siris Fund III Parallel pursuant to an agreement between Siris Fund III Advisor and Siris Capital Group. Siris Fund III Advisor is controlled by its general partner, Siris Fund III Advisor HoldCo.

4. (Continued from Footnote 3) Siris Capital Group is controlled by its managing member, Siris Advisor HoldCo. Each of Siris Fund III GP HoldCo, Siris Fund III Advisor HoldCo and Siris Advisor HoldCo is controlled by Frank Baker, Peter Berger and Jeffrey Hendren.

5. The Reporting Persons may be deemed to be members of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (such Act and rules, as amended, the "Exchange Act"), which group may be deemed to share the power to vote or direct the vote, or to dispose or direct the disposition, of the securities reported herein. However, neither the filing of this Form 4 nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that it is a member of a "group" for such purposes, for purposes of Section 16 of the Exchange Act or for any other purpose.

6. (Continued from footnote 5) Each of the Reporting Persons expressly disclaims beneficial ownership of securities held by any other person or entity other than, to the extent of any pecuniary interest therein, the various accounts under such Reporting Person's management and control. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

7. The price reported in Column 4 is a weighted average price. These shares of Common Stock were acquired in multiple transactions at prices ranging from $15.22 to $15.99, inclusive. The Reporting Persons undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of Common Stock acquired at each separate price.

8. The price reported in Column 4 is a weighted average price. These shares of Common Stock were acquired in multiple transactions at prices ranging from $16.00 to $16.25, inclusive. The Reporting Persons undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of Common Stock acquired at each separate price.

9. The price reported in Column 4 is a weighted average price. These shares of Common Stock were acquired in multiple transactions at prices ranging from $15.40 to $16.39, inclusive. The Reporting Persons undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of Common Stock acquired at each separate price.

10. The price reported in Column 4 is a weighted average price. These shares of Common Stock were acquired in multiple transactions at prices ranging from $15.41 to $15.99, inclusive. The Reporting Persons undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of Common Stock acquired at each separate price.

11. The price reported in Column 4 is a weighted average price. These shares of Common Stock were acquired in multiple transactions at prices ranging from $16.00 to $16.46, inclusive. The Reporting Persons undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of Common Stock acquired at each separate price.

Remarks:

	See Exhibit 99.1	05/04/2017
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

EXHIBIT 99.1

                        SIGNATURES OF REPORTING PERSONS

    This Statement on Form 4 is filed by the Reporting Persons listed below.

May 4, 2017

                                  SILVER PRIVATE HOLDINGS I, LLC
                                  By: Silver Private Investments, LLC, its sole
                                  member


                                  By:      /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Authorized Signatory


                                  SILVER PRIVATE INVESTMENTS, LLC


                                  By:     /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Authorized Signatory


                                  SIRIS PARTNERS III, L.P.
                                  SIRIS PARTNERS III PARALLEL, L.P.
                                  By: Siris Partners GP III, L.P., its general
                                  partner
                                  By: Siris GP HoldCo III, LLC, its general
                                  partner


                                  By:    /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS PARTNERS GP III, L.P.
                                  By: Siris GP HoldCo III, LLC, its general
                                  partner


                                  By:     /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS GP HOLDCO III, LLC


                                  By:     /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS CAPITAL GROUP III, L.P.
                                  By: Siris Advisor HoldCo III, LLC, its general
                                  partner


                                  By:     /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS CAPITAL GROUP, LLC
                                  By:  Siris Advisor HoldCo, LLC, its managing
                                  member


                                  By:     /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS ADVISOR HOLDCO III, LLC


                                  By:    /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member


                                  SIRIS ADVISOR HOLDCO, LLC


                                  By:    /s/ Peter Berger
                                       -----------------------------------------
                                       Name:  Peter Berger
                                       Title: Managing Member