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SYNOVUS FINANCIAL CORP Director's Dealing 2016

Feb 23, 2016

30812_dirs_2016-02-23_aee72194-73b6-4313-8683-775cb4a547fa.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: 2016-02-19

Reporting Person: PRESCOTT THOMAS J (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-19 Common Stock A 240 $26.35 Acquired 68166 Direct
2016-02-19 Common Stock F 972 $26.35 Disposed 67194 Direct

Footnotes

F1: On February 23, 2015, 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 February 19, 2016, pursuant to the terms of the service-based vesting component of the MRSUs, the first tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 203 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 February 2015. In addition, the reporting person received 37 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.