4//SEC Filing
SYNOVUS FINANCIAL CORP 4
Accession 0001209191-16-095234
$SNVCIK 0000018349operating
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 1:58 PM ET
Size
7.1 KB
Accession
0001209191-16-095234
Insider Transaction Report
Form 4
PRESCOTT THOMAS J
EVP and CFO
Transactions
- Award
Common Stock
2016-02-01$30.53/sh+810$24,729→ 69,604 total - Tax Payment
Common Stock
2016-02-01$30.53/sh−1,678$51,229→ 67,926 total
Footnotes (2)
- [F1]On February 4, 2014, the reporting person reported the grant of certain market restricted stock units (the "MRSUs"). The MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 1, 2016, pursuant to the terms of the service-based vesting component of the MRSUs, the second tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 695 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially reported on Form 4 in February 2014. In addition, the reporting person received 115 shares of the Company's restricted stock through the accrual of dividend equivalents.
- [F2]These shares were withheld upon the vesting of restricted stock units to pay tax witholding obligations.
Documents
Issuer
SYNOVUS FINANCIAL CORP
CIK 0000018349
Entity typeoperating
IncorporatedUnited States
Related Parties
1- filerCIK 0000018349
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 1:58 PM ET
- Size
- 7.1 KB