SEC Form 4 · accession 0001601712-19-000032
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
Jan 23, 2019
Accepted (ET)
Jan 25, 2019 · 4:07 pm EST
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 | Jan 23, 2019 | A | 22,600 | $0.00 | A | 138,219 | D | |
| Common StockF2 | Jan 23, 2019 | F | 10,575 | $29.40 | D | 127,644 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common stock of Synchrony Financial (the "Company") earned by the reporting person in connection with the vesting of Performance Share Units ("PSUs") under the 2016-2018 Long-Term Performance Program based on pre-established performance goals for the 2016-2018 performance period.
- F2Reflects 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 the PSUs under the 2016-2018 Long-Term Performance Program.
Remarks
Executive Vice President and Chief Executive Officer-Retail Card