SYNOVUS FINANCIAL CORP — Director's Dealing 2016

Dec 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2016-12-12

Reporting Person: Stelling Kessel D (Director, Chairman, CEO, & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-12	Common Stock	A	1078	$41.42	Acquired	256211	Direct
2016-12-12	Common Stock	F	3004	$41.42	Disposed	253207	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49966	Indirect
Common Stock	1573	Indirect
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser C	2000	Direct

Footnotes

F1: On December 11, 2013, the reporting person reported the grant of certain market restricted stock units (the "MRSUs"). The MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On December 12, 2016, pursuant to the terms of the service-based vesting component of the MRSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 1034 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially reported on Form 4 in December 2013. In addition, the reporting person received 44 shares of the Company's restricted stock through the accrual of dividend equivalents.

F2: These shares were withheld upon the vesting of restricted stock units to pay tax witholding obligations.