SYNOVUS FINANCIAL CORP — Director's Dealing 2016

Aug 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2016-07-31

Reporting Person: Perry Curtis J (EVP& Chief Corp Banking Office)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-31	Common Stock	D	17	$30.44	Disposed	65326	Direct
2016-07-31	Common Stock	F	201	$30.44	Disposed	65125	Direct

Footnotes

F1: On August 6, 2014, 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 July 31, 2016, pursuant to the terms of the service-based vesting component of the MRSUs, the second tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the "target" amount of MRSUs which vested was adjusted downward based upon Synovus' total shareholder return during the year. As such, the reporting person received 17 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in August 2014.

F2: Amount includes 10 shares of the Company's restricted stock received through the accrual of dividend equivalents.

F3: These shares were withheld upon the vesting of restricted stock units to pay tax witholding obligations.