SEC Form 4 · accession 0001601712-18-000104
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Quindlen
Officer — See remarks
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 4:17 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 20, 2018 | S | 10,712 | $36.73 | D | 164,024 | D | |
| Common StockF1 | Feb 20, 2018 | M | 3,082 | $29.33 | A | 167,106 | D | |
| Common StockF1,F2 | Feb 20, 2018 | M | 3,082 | $36.72 | D | 164,024 | D | |
| Common StockF1 | Feb 20, 2018 | M | 9,578 | $24.55 | A | 173,602 | D | |
| Common StockF1,F2 | Feb 20, 2018 | M | 9,578 | $36.73 | D | 164,024 | D | |
| Common StockF1 | Feb 21, 2018 | M | 4,560 | $30.41 | A | 168,584 | D | |
| Common StockF1 | Feb 21, 2018 | M | 4,560 | $37.00 | D | 164,024 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F3 | $29.33 | Feb 20, 2018 | M | 3,082 | D | — | Apr 1, 2026 | Common Stock | 3,082 | 27,741 | D |
| Employee Stock Option (right to buy)F1,F4 | $24.55 | Feb 20, 2018 | M | 9,578 | D | — | Sep 17, 2024 | Common Stock | 9,578 | 22,348 | D |
| Employee Stock Option (right to buy)F1,F5 | $30.41 | Feb 21, 2018 | M | 4,560 | D | — | Apr 1, 2025 | Common Stock | 4,560 | 18,240 | D |
Explanation of responses
- F1These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2017.
- F2This price is a weighted average price. Information regarding the number of shares sold at each price will be provided upon request.
- F3The reporting person was awarded 30,823 employee stock options on April 1, 2016, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
- F4The reporting person was awarded 31,926 employee stock options on September 17, 2014, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
- F5The reporting person was awarded 22,800 employee stock options on April 1, 2015, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
Remarks
Executive Vice President and Chief Executive Officer-Retail Card