SYNOVUS FINANCIAL CORP — Director's Dealing 2019

Feb 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2019-02-09

Reporting Person: Blair Kevin S. (EVP, COO & Interim CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-09	Common Stock	D	1037	$37.33	Disposed	84798	Direct
2019-02-09	Common Stock	F	1392	$37.33	Disposed	83406	Direct

Footnotes

F1: On February 10, 2017, 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 9, 2019, 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 1,037 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in February 2017.

F2: Includes 107 shares acquired through the accrual of dividend equivalents on the MRSUs vested as of February 9, 2019.

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