SEC Form 4 · accession 0001601712-18-000098
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Whynott
Officer — See remarks
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 7:55 pm EST
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 StockF1,F2 | Feb 15, 2018 | S | 1,750 | $36.69 | D | 43,716 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitF3 | — | Feb 15, 2018 | A | 127 | A | — | — | Common Stock | 127 | 1,061 | D |
Explanation of responses
- F1These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2017.
- F2This price is a weighted average price. Information regarding the number of shares sold at each price will be provided upon request.
- F3Represents 2, 14, 18, 40, 25 and 28 dividend equivalent units accrued on February 15, 2018 as dividends were paid on the common shares underlying restricted stock units originally granted to the reporting person on July 31, 2014, September 17, 2014, April 1, 2015, May 27, 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, Chief Risk Officer