4//SEC Filing
Wolverton Elizabeth D. 4
Accession 0000018349-23-000042
CIK 0000018349other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:28 PM ET
Size
9.2 KB
Accession
0000018349-23-000042
Insider Transaction Report
Form 4
Wolverton Elizabeth D.
EVP, Head Con. Bank. Brand Exp
Transactions
- Award
Common Stock
2023-02-16$43.28/sh+3,697$160,006→ 29,812 total - Tax Payment
Common Stock
2023-02-16$43.29/sh−2,126$92,035→ 27,686 total - Award
Performance Stock Units
2023-02-16+5,546→ 5,546 totalExp: 2026-02-16→ Common Stock (5,546 underlying)
Footnotes (3)
- [F1]These shares are subject to restricted stock units. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus.
- [F2]These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.
- [F3]These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as a performance vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance vesting component, two performance measures (weighted average return on tangible common equity and relative total shareholder return) are measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance objective approved by the Compensation and Human Capital Committee of Synovus' Board of Directors.
Documents
Issuer
SYNOVUS FINANCIAL CORP
CIK 0000018349
Entity typeother
Related Parties
1- filerCIK 0001729435
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:28 PM ET
- Size
- 9.2 KB