4//SEC Filing
HOLLADAY MARK G 4
Accession 0001209191-21-012774
CIK 0000018349other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:01 PM ET
Size
12.4 KB
Accession
0001209191-21-012774
Insider Transaction Report
Form 4
HOLLADAY MARK G
Exec. VP, Chief Credit Officer
Transactions
- Award
Restricted Stock Units
2021-02-18+4,875→ 4,875 totalExp: 2024-02-18→ Common Stock (4,875 underlying) - Award
Performance Stock Units
2021-02-18+13,162→ 20,474 totalExp: 2024-02-18→ Common Stock (13,162 underlying) - Award
Performance Stock Units
2021-02-18+7,312→ 7,312 totalExp: 2024-02-18→ Common Stock (7,312 underlying)
Holdings
- 63,287
Common Stock
- 4,000
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D
Footnotes (3)
- [F1]These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as performance vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance vesting component, two performance measures (weighted average return on tangible common equity and relative total shareholder return) are measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance objectives approved by the Compensation Committee of the Synovus' Board of Directors.
- [F2]These shares are subject to performance stock units ("Additional PSUs") and have the same service-based and performance-based vesting components as the PSUs reported above. In addition, the Additional PSUs require a minimum of one year of service to be eligible for retirement vesting.
- [F3]These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus.
Documents
Issuer
SYNOVUS FINANCIAL CORP
CIK 0000018349
Entity typeother
Related Parties
1- filerCIK 0001128835
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:01 PM ET
- Size
- 12.4 KB