SEC Form 4 · accession 0001601712-18-000235
Synchrony Financial · SYF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy A Guthrie
Director
Period of report
Aug 16, 2018
Accepted (ET)
Aug 20, 2018 · 4:54 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 | 84 | $30.43 | A | 26,081 | D | |
| Common StockF2 | holding | — | — | — | 10,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 6, 6, 7, 8, 7, 7, 7, 8, 8, 6, 7 and 7 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 September 30, 2015, December 31, 2015, March 31, 2016, June 30, 2016, September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017, September 30, 2017, December 31, 2017, March 31, 2018 and June 30, 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.
- F2Mr. Guthrie is the Investment Manager of Guthrie 2012 Investments LP, which owns 10,000 shares of common stock. Mr. Guthrie disclaims beneficial ownership of the shares ofcommon stock held by Guthrie 2012 Investments LP, except to the extent of his direct pecuniary interest therein.