Synchrony Financial 4
4 · Synchrony Financial · Filed Nov 19, 2015
Insider Transaction Report
Form 4
COLAO DANIEL O
Director
Transactions
- Purchase
Common Stock
2015-11-17+2,107→ 2,107 total
Footnotes (1)
- [F1]On November 17, 2015, General Electric Company ("GE") announced the completion of its offer to exchange shares of GE common stock for all of the common stock of Synchrony Financial (the "Company") owned by GE (the "Exchange Offer"). Mr. Colao tendered 6,426 shares of GE common stock in the Exchange Offer in exchange for 1.0505 shares of the Company's common stock per share of GE common stock tendered, subject to a preliminary proration factor of 31.22%. The number of shares of the Company's common stock set forth above to be acquired by the reporting person represents an estimate and is subject to change as a result of the final proration factor to be announced by GE. The reporting person undertakes to amend this report as necessary upon the determination of the final proration factor. Effective November 17, 2015, Mr. Colao resigned from the Company's Board of Directors.