SYNOVUS FINANCIAL CORP — Director's Dealing 2020

Feb 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2020-02-07

Reporting Person: Derrick Robert Warren (EVP & Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-07	Common Stock	A	127	$36.47	Acquired	10847	Direct
2020-02-07	Common Stock	F	569	$36.47	Disposed	10278	Direct

Footnotes

F1: On February 11, 2019, 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 7, 2020, 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 93 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 2019. In addition, the reporting person received 34 shares of the Company's restricted stock through the accrual of dividend equivalents.

F2: These shares were withheld upon the vesting of MRSUs to pay tax witholding obligations.