SYNOVUS FINANCIAL CORP 4
4 · SYNOVUS FINANCIAL CORP · Filed Jul 30, 2013
Insider Transaction Report
Form 4
Hatcher Samuel F.
EVP, Gen. Counsel, Secretary
Transactions
- Tax Payment
Common Stock
2013-07-26$3.34/sh−19,058$63,654→ 315,514 total - Award
Salary Stock Unit
2013-07-26$3.27/sh+1,182$3,865→ 65,550 totalExercise: $0.00→ Common Stock (1,182 underlying) - Tax Payment
Common Stock
2013-07-26$3.34/sh−24,155$80,678→ 291,359 total
Footnotes (2)
- [F1]These shares were withheld upon the vesting of restricted stock to pay tax withholding obligations.
- [F2]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 December 14, 2012. SSUs are fully vested on the date of grant and will settle in cash on January 15, 2014.