SEC Form 4 · accession 0001601712-18-000142
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Fasoli
Officer — See remarks
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 7:38 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 StockF1,F2 | Apr 1, 2018 | A | 10,105 | $33.53 | A | 89,246 | D | |
| Common StockF3 | Apr 1, 2018 | F | 2,120 | $33.53 | D | 87,126 | 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)F4 | $33.53 | Apr 1, 2018 | A | 18,927 | A | — | Apr 1, 2028 | Common Stock | 18,927 | 18,927 | D |
Explanation of responses
- 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.
- F2The total reported in Column 5 bas been adjusted to correct a Form 4 filed on on September 19, 2016 that inadvertently reported the witholding of 493 shares of common stock for tax purposes as an acquisition instead of a disposition.
- F3Reflects 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.
- F4The reporting person was awarded 18,927 employee stock options on April 1, 2018, 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-CareCredit