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SYNOVUS FINANCIAL CORP — Director's Dealing 2012
Apr 10, 2012
30812_dirs_2012-04-10_a8e8986d-84f4-4411-8e09-ff5cfbd8f0ff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2012-04-06
Reporting Person: PRESCOTT THOMAS J (EVP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-06 | Salary Stock Unit | $0.00 | A | 2921 | Acquired | Common Stock (2921) | Direct |
Footnotes
F1: Salary stock units ("SSUs") are restricted stock units issued bi-weekly as a portion of the reporting person's salary compensation, net of withholdings and deductions, and are issued under the Synvous Financial Corp. 2007 Omnibus Plan. An SSU represents the right to receive a cash payment equal to the future value of a share of Synovus common stock. For more information, please see the Current Report on Form 8-K filed by Synovus on March 16, 2012. SSUs are fully vested on the date of grant and will settle in cash payment on February 15, 2013.