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Synchrony Financial — Director's Dealing 2021
Apr 2, 2021
30169_dirs_2021-04-02_90dd680e-1174-4225-aead-3d8c5c6d7c00.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Synchrony Financial (SYF)
CIK: 0001601712
Period of Report: 2021-04-01
Reporting Person: DOUBLES BRIAN D (Director, See remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-01 | Common Stock | A | 24304 | $41.66 | Acquired | 276743 | Direct |
| 2021-04-01 | Common Stock | F | 5170 | $41.66 | Disposed | 271573 | Direct |
Footnotes
F1: As previously announced, on April 1, 2021, as part of a planned succession process, Mr. Doubles became President and CEO of Synchrony Financial (the "Company"). In connection with Mr. Doubles' appointment, he received true-up equity grants that resulted in total 2021 awards consistent with the new role's base salary and target incentive level. The grants were made on the same terms and conditions as the grants that were made to Mr. Doubles on March 1, 2021.
F2: Reflects the number of shares of Company common stock automatically withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units. No investment decision was made by the Reporting Person in connection with the withholding.