Stanford Debra B. 4
4 · SYNOVUS FINANCIAL CORP · Filed Dec 3, 2012
Insider Transaction Report
Form 4
Stanford Debra B.
Executive Vice President
Transactions
- Award
Salary Stock Unit
2012-11-30+1,154→ 23,168 totalExercise: $0.00→ Common Stock (1,154 underlying)
Footnotes (1)
- [F1]Salary stock units ("SSUs") are restricted stock units issued bi-weekly as a portion of the reporting person's salary compensation, net of withholdings and deductions, and are issued under the Synovus Financial Corp. 2007 Omnibus Plan. An SSU represents the right to receive a cash payment equal to the future value of a share of Synovus common stock. For more information, please see the Current Report on Form 8-K filed by Synovus on March 16, 2012. SSUs are fully vested on the date of grant and will settle in cash on February 15, 2013.