Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-008843
Date:2020-02-10
Issuer: SYNOVUS FINANCIAL CORP (SNV)
Original Submission Date:

Reporting Person:

BLAIR KEVIN S.
1111 BAY AVENUE, SUITE 500
COLUMBUS, GA 31901

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-02-10 A 408 a $36.37 92,553 direct
COMMON STOCK 2020-02-10 A 636 a $36.37 93,189 direct
COMMON STOCK 2020-02-10 A 7,299 a $36.37 100,488 direct
COMMON STOCK 2020-02-10 F 12,264 d $36.37 88,224 direct
FIXED/FLOATING RATE NON-CUM PERPETUAL PREFERRED STOCK SER D 2020-02-10 0 $0.00 2,000 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 on february 12, 2018, 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 8, 2020, pursuant to the terms of the service-based vesting component of the mrsus, the second tranche of such award vested. based upon the total shareholder return multiplier, the reporting person received 237 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 2018. in addition, the reporting person received 171 shares of the company's restricted stock through the accrual of dividend equivalents.
f2 on february 10, 2017, 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 9, 2020, 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 321 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 2017. in addition, the reporting person received 315 shares of the company's restricted stock through the accrual of dividend equivalents.
f3 on february 10, 2017, 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 total shareholder return multiplier, the reporting person received 6009 additional shares of the company's restricted stock, such shares representing the amount vested in excess of the target amount of psus initially reported on form 4 in february 2017. in addition, the reporting person received 1,290 shares of the company's restricted stock through the accrual of dividend equivalents.
f4 these shares were withheld upon the vesting of mrsus and psus to pay tax witholding obligations.
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