SYNOVUS FINANCIAL CORP — Director's Dealing 2019

Aug 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2019-08-12

Reporting Person: Blair Kevin S. (SEVP & Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-12	Common Stock	D	866	$35.92	Disposed	82704	Direct
2019-08-12	Common Stock	F	1245	$35.92	Disposed	81459	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D	2000	Direct

Footnotes

F1: On August 11, 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 August 10, 2019, 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 "target" amount of MRSUs which vested was adjusted downward based upon Synovus' total shareholder return during the year. As such, the reporting person received 866 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in August 2016.

F2: Includes 164 shares acquired through the accrual of dividend equivalents on the MRSUs vested as of August 10, 2019.

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