4//SEC Filing
Derrick Robert Warren 4
Accession 0000018349-24-000027
CIK 0000018349other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:26 PM ET
Size
8.0 KB
Accession
0000018349-24-000027
Insider Transaction Report
Form 4
Derrick Robert Warren
EVP & Chief Credit Officer
Transactions
- Award
Common Stock
2024-02-15$36.72/sh+4,630$170,014→ 20,604 total - Award
Performance Stock Units
2024-02-15+6,945→ 6,945 totalExp: 2027-02-15→ Common Stock (6,945 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]Includes 921 shares acquired through dividend accruals and through the reporting person's participation in the Company's broad-based employee stock purchase plan.
- [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 0001765221
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:26 PM ET
- Size
- 8.0 KB