SEC Form 4 · accession 0001601712-16-000101

Synchrony Financial · SYF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See remarks

Period of report

Apr 1, 2016

Accepted (ET)

Apr 5, 2016 · 5:12 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001601712

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Apr 1, 2016	A	10,483	$0.00	A	79,331	D
Common Stock^F2	Apr 1, 2016	F	748	$29.33	D	78,583	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$29.33	Apr 1, 2016	A	18,860	A	—	Apr 1, 2026	Common Stock	18,860	122,970	D
Phantom Stock Units^F4,F5	—	holding	—	—	—	—	—	Common Stock	275	275	D

F1Represents restricted stock units that will vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock.
F2Reflects the number of shares of Company common stock withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units.
F3The option will vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
F4Each phantom stock unit is the economic equivalent of one share of Company common stock.
F5The reported phantom stock units were acquired under the Synchrony Financial Restoration Plan in transactions exempt from Section 16(a) and (b) under Rule 16b-3(c) of the Securities Exchange Act of 1934, and are to be settled, in cash, upon the Reporting Person's retirement or certain involuntary terminations of employment, subject to the terms set forth in the Restoration Plan.

Executive Vice President and Chief Executive Officer-CareCredit