FASOLI DAVID 4
4 · Synchrony Financial · Filed Aug 1, 2018
Insider Transaction Report
Form 4
FASOLI DAVID
See Remarks
Transactions
- Tax Payment
Common Stock
2018-07-31$28.94/sh−26,587$769,428→ 60,837 total
Footnotes (1)
- [F1]Reflects the number of shares of common stock automatically withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units granted on July 31, 2014 in connection with the Company's initial public offering (the "Founders' Grants"). No investment decision was made by the Reporting Person in connection with the withholding. The Founders' Grants, which had a four-year cliff vesting period, were awarded to promote retention and alignment with our stockholders, and to recognize that GE executive supplementary long-term benefits would vest and no longer continue to accrue upon separation from GE.