SEC Form 4 · accession 0001601712-18-000231
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neeraj Mehta
Officer — See remarks
Period of report
Aug 16, 2018
Accepted (ET)
Aug 20, 2018 · 4:51 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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitF1 | Aug 16, 2018 | A | 419 | $30.43 | A | 68,031 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 64, 100, 113 and 142 dividend equivalent units accrued on August 16, 2018 as dividends were paid on the common shares underlying restricted stock units originally granted to the reporting person on April 1, 2015, April 1, 2016, April 1, 2017 and April 1, 2018, 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 and Chief Executive Officer-Payment Solutions