SYNOVUS FINANCIAL CORP 4
4 · SYNOVUS FINANCIAL CORP · Filed Oct 7, 2013
Insider Transaction Report
Form 4
Hatcher Samuel F.
EVP, Gen. Counsel, Secretary
Transactions
- Award
Salary Stock Unit
2013-10-04$3.29/sh+1,175$3,866→ 71,418 totalExercise: $0.00→ Common Stock (1,175 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 December 14, 2012. SSUs are fully vested on the date of grant and will settle in cash on January 15, 2014.