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SYNOVUS FINANCIAL CORP — Director's Dealing 2014
May 6, 2014
30812_dirs_2014-05-06_c0ce56f4-6af2-46c9-8333-1d907745ad32.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2014-04-18
Reporting Person: Singleton Jeffrey Barton (EVP/Synovus Finan.Mgmt.Svcs.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-18 | Salary Stock Unit | $0.00 | A | 844 | Acquired | Common Stock (844) | 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 Synovus Financial Corp. 2013 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 January 24, 2014, as amended on February 5, 2014. SSUs are fully vested on the date of grant and will settle in cash on January 15, 2015.
F2: The reporting person's previous Form 4 dated April 21, 2014 inadvertently understated the reporting person's acquisition of SSUs on April 18, 2014.