SEC Form 4 · accession 0001601712-18-000148
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Melito
Officer — See remarks
Period of report
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 7:08 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 | Apr 5, 2018 | M | 1,392 | $30.41 | A | 44,389 | D | |
| Common StockF1 | Apr 5, 2018 | S | 1,392 | $35.00 | D | 42,997 | D | |
| Common StockF1 | Apr 5, 2018 | M | 1,882 | $29.33 | A | 44,879 | D | |
| Common StockF1 | Apr 5, 2018 | S | 1,882 | $35.00 | D | 42,997 | D | |
| Common StockF1 | Apr 5, 2018 | M | 1,869 | $34.30 | A | 44,866 | D | |
| Common StockF1,F2 | Apr 5, 2018 | S | 1,869 | $35.00 | D | 44,188 | 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 | $30.41 | Apr 5, 2018 | M | 1,392 | D | — | Apr 1, 2025 | Common Stock | 1,392 | 2,784 | D |
| Employee Stock Option (right to buy)F1,F4 | $29.33 | Apr 5, 2018 | M | 1,882 | D | — | Apr 1, 2026 | Common Stock | 1,882 | 5,646 | D |
| Employee Stock Option (right to buy)F1,F5 | $34.30 | Apr 5, 2018 | M | 1,869 | D | — | Apr 1, 2027 | Common Stock | 1,869 | 7,476 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2018.
- F2The total reported in Column 5 bas been adjusted to include 1175 dividend equivalent units that were previously reported on Table II and an additional 16 shares due to rounding.
- F3The reporting person was awarded 6,960 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.
- F4The reporting person was awarded 9,409 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.
- F5The reporting person was awarded 9,345 employee stock options on April 1, 2017, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
Remarks
Senior Vice President, Chief Accounting Officer and Controller