SEC Form 4 · accession 0001209191-15-012436
SYNOVUS FINANCIAL CORP · SNV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan E Kamensky
Officer — EVP and Corporate Secretary · Other
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 11:58 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000018349
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 10, 2015 | F | 555 | $27.67 | D | 36,846 | D | |
| Common StockF2 | Feb 10, 2015 | A | 200 | $27.67 | A | 37,046 | D | |
| Common StockF1 | Feb 10, 2015 | F | 908 | $27.67 | D | 36,138 | D | |
| Common Stock | holding | — | — | — | 1,111 | I | By Children | |
| Common Stock | holding | — | — | — | 5,735 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld upon the vesting of restricted stock to pay tax withholding obligations.
- F2On February 11, 2014, the reporting person reported the grant of certain market restricted stock units (the "MRSUs"). The MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 10, 2015, pursuant to the terms of the service-based vesting component of the MRSUs, the first tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 172 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially reported on Form 4 in February 2014. In addition, the reporting person received 28 shares of the Company's restricted stock through the accrual of dividend equivalents.