Copeland R Dallis JR 4
4 · SYNOVUS FINANCIAL CORP · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Copeland R Dallis JR
EVP/Chief Commercial Officer
Transactions
- Award
Common Stock
2018-02-12$48.11/sh+399$19,196→ 46,335 total - Tax Payment
Common Stock
2018-02-12$48.11/sh−1,030$49,553→ 45,305 total
Footnotes (3)
- [F1]On February 16, 2016, 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 12, 2018, 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 399 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 2016.
- [F2]Includes 55 shares acquired through dividend reinvestment.
- [F3]These shares were withheld upon the vesting of MRSUs to pay tax witholding obligations.