SEC Form 4 · accession 0001601712-19-000078
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:44 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 | Mar 1, 2019 | A | 22,114 | $32.46 | A | 150,095 | D | |
| Common StockF2 | Mar 1, 2019 | M | 50,000 | $23.00 | A | 200,095 | D | |
| Common StockF2 | Mar 1, 2019 | S | 50,000 | $32.63 | D | 150,095 | D | |
| Common StockF2 | Mar 1, 2019 | S | 25,000 | $32.63 | D | 125,095 | 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)F2 | $23.00 | Mar 1, 2019 | M | 174,307 | A | Jul 31, 2018 | Jul 31, 2024 | Common Stock | 174,307 | 124,307 | D |
Explanation of responses
- F1Represents restricted stock units that will vest in three equal annual installments of 33.33% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock.
- F2This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 30, 2019.
Remarks
Executive Vice President and Chief Executive Officer-Retail Card