SEC Form 4 · accession 0001601712-18-000160
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
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:32 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,F3 | May 1, 2018 | S | 8,195 | $32.89 | D | 171,239 | D | |
| Common StockF1 | May 1, 2018 | M | 9,577 | $24.55 | A | 180,816 | D | |
| Common StockF1,F2 | May 1, 2018 | M | 9,577 | $32.89 | D | 171,239 | 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,F4 | $24.55 | May 1, 2018 | A | 9,577 | A | — | Sep 17, 2024 | Common Stock | 9,577 | 12,771 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.78 to $33.06. Information regarding the number of shares sold at each price will be provided upon request.
- F3The total reported in Column 5 bas been adjusted to include 5,025 dividend equivalent units that were previously reported on Table II.
- 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.
Remarks
Executive Vice President and Chief Executive Officer-Retail Card