SEC Form 5 · accession 0001601712-18-000052
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neeraj Mehta
Officer — See remarks
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 5:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001601712
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitF1 | — | Dec 31, 2017 | A | 1,226 | A | — | — | Common Stock | 1,226 | 1,226 | D |
Explanation of responses
- F1Represents 398, 540 and 288 dividend equivalent units accrued as dividends were paid on the common shares underlying restricted stock units originally granted to the reporting person on April 1, 2015, April 1, 2016 and April 1, 2017, respectively. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
Remarks
Executive Vice President and Chief Executive Officer-Payment Solutions