Filing Details
- Accession Number:
- 0001209191-17-010675
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-14 17:51:27
- Reporting Period:
- 2017-02-10
- Filing Date:
- 2017-02-14
- Accepted Time:
- 2017-02-14 17:51:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
18349 | Synovus Financial Corp | SNV | National Commercial Banks (6021) | 581134883 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1598434 | E Allan Kamensky | P.o. 120 Columbus GA 31902 | Evp And Corporate Secretary | No | Yes | No | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-02-10 | 595 | $41.61 | 66,261 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-02-10 | 39 | $41.61 | 66,416 | No | 4 | D | Direct | |
Common Stock | Disposition | 2017-02-10 | 4,203 | $41.61 | 62,213 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-02-11 | 450 | $41.77 | 62,693 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-02-11 | 988 | $41.77 | 61,705 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-02-13 | 1,110 | $42.20 | 62,815 | No | 4 | P | Direct | |
Common Stock | Disposition | 2017-02-13 | 555 | $42.19 | 555 | No | 4 | S | Indirect | By Children |
Common Stock | Disposition | 2017-02-13 | 555 | $42.23 | 0 | No | 4 | S | Indirect | By Children |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | D | Direct | |
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | P | Direct | |
No | 4 | S | Indirect | By Children |
No | 4 | S | Indirect | By Children |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 5,735 | Indirect | By Spouse |
Footnotes
- On February 11, 2014, 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 10, 2017, pursuant to the terms of the service-based vesting component of the MRSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 595 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 2014.
- Includes 133 shares acquired through dividend reinvestment.
- On February 11, 2014, the reporting person reported the grant of certain performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as a 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, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the weighted average return on average assets, the "target" amount of PSUs which vested was adjusted downward. As such, the reporting person received 39 less shares of the Company's restricted stock than the target amount of PSUs initially reported on Form 4 in February 2014.
- Includes 194 shares acquired through dividend reinvestment.
- These shares were withheld upon the vesting of restricted stock units, MRSUs and PSUs to pay tax witholding obligations.
- 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 11, 2017, pursuant to the terms of the service-based vesting component of the MRSUs, the first tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 450 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.
- Includes 30 shares acquired through dividend reinvestment.
- These shares were withheld upon the vesting of the MRSUs to pay tax witholding obligations.