SEC Form 4 · accession 0001209191-18-009501
SYNOVUS FINANCIAL CORP · SNV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth D. Wolverton
Officer — EVP/Chief Strategy Officer
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 3:37 pm 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 9, 2018 | A | 68 | $47.23 | A | 11,004 | D | |
| Common StockF2 | Feb 9, 2018 | F | 187 | $47.23 | D | 10,817 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 9, 2018, pursuant to the terms of the service-based vesting component of certain market restricted stock units (the "MRSUs") held by the reporting person, the first tranche of such award vested. Based upon the Total Shareholder Return Multiplier component of these MRSUs, the reporting person received 68 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially included on the reporting person's Form 3 in February 2018.
- F2These shares were withheld upon the vesting of MRSUs to pay tax witholding obligations.