MELITO DAVID P 4
4 · Synchrony Financial · Filed Nov 15, 2022
Insider Transaction Report
Form 4
MELITO DAVID P
See Remarks
Transactions
- Award
Dividend Equivalent Unit
2022-11-10$38.73/sh+87$3,370→ 14,679 total - Exercise/Conversion
Common Stock
2022-11-10$24.55/sh+1,162$28,527→ 15,841 total - Sale
Common Stock
2022-11-10$38.00/sh−1,162$44,156→ 14,679 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-11-10−1,162→ 0 totalExercise: $24.55Exp: 2024-09-17→ Common Stock (1,162 underlying)
Footnotes (3)
- [F1]Represents dividend equivalent units accrued on November 10, 2022 as dividends that were paid on the common shares underlying restricted stock units. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
- [F2]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 11, 2022.
- [F3]The option will vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.