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SYNOVUS FINANCIAL CORP — Director's Dealing 2018
Feb 14, 2018
30812_dirs_2018-02-14_e18a439a-64ce-4a5d-874b-6243eaf6d1fa.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: 2018-02-12
Reporting Person: Singleton Jeffrey Barton (EVP/Synovus Finan.Mgmt.Svcs.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-12 | Common Stock | A | 399 | $48.11 | Acquired | 68341 | Direct |
| 2018-02-12 | Common Stock | F | 1000 | $48.11 | Disposed | 67341 | Direct |
Footnotes
F1: On February 16, 2016, 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 12, 2018, 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 reporting person received 399 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 2016.
F2: Includes 55 shares acquired through dividend reinvestment.
F3: These shares were withheld upon the vesting of MRSUs to pay tax witholding obligations.