Synchrony Financial 4
4 · Synchrony Financial · Filed Sep 20, 2016
Insider Transaction Report
Form 4
FASOLI DAVID
See Remarks
Transactions
- Tax Payment
Common Stock
2016-09-17$26.91/sh+493$13,267→ 79,076 total
Holdings
- 402
Phantom Stock Units
→ Common Stock (127 underlying)
Footnotes (3)
- [F1]Reflects the number of shares of Synchrony Financial (the "Company") common stock withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units.
- [F2]Each phantom stock unit is the economic equivalent of one share of Company common stock.
- [F3]The reported phantom stock units were acquired under the Synchrony Financial Restoration Plan and are to be settled upon the reporting person's retirement or certain involuntary terminations of employment, subject to the requirements set forth in the Restoration Plan.