Key facts
- This page summarizes Jeffrey Barton Singleton's Form 4 filing for SYNOVUS FINANCIAL CORP (SNV).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 Feb 2022, 15:49.
Jeffrey Barton Singleton - 07 Feb 2022 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)
- Reporting relationship
- EVP, President FMS
- Issuer ticker
- SNV
- Reported as of
- 07 Feb 2022
- Net transaction value
- -$24,973
- SEC form
- 4
- Accepted by SEC
- 09 Feb 2022, 15:49:34 UTC
- Prior SEC filing
- 01 Feb 2022
- Next SEC filing
- 15 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mary Maurice Young
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey Barton Singleton filed Form 4 for SYNOVUS FINANCIAL CORP (SNV) on 09 Feb 2022.
Change
- Previous filing in this sequence was filed on 01 Feb 2022.
- Current net transaction value: -$24,973.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SNV
transaction
Common Stock
Award
- Transaction value
- $37,996
- Shares
- +744
- Change %
- +1.2%
- Price
- $51.07
- Shares after
- 63,894
- Date
- 07 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
SNV
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -9,033
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 54,861
- Date
- 07 Feb 2022
- Ownership
- Direct
- Footnotes
- F2
SNV
transaction
Common Stock
Tax liability
- Transaction value
- $62,969
- Shares
- -1,233
- Change %
- -2.2%
- Price
- $51.07
- Shares after
- 53,628
- Date
- 07 Feb 2022
- Ownership
- Direct
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On February 7, 2019, the reporting person received a grant of market restricted with a service-based component as well as a Total Shareholder Return Multiplier (the "2019 MRSUs"). These 2019 MRSUs were included on the Form 3 filed on February 1, 2022 by the reporting person (the "Form 3"). On February 7, 2022, pursuant to the terms of the service-based vesting component of the 2019 MRSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 446 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of 2019 MRSUs initially included on the Form 3. In addition, the reporting person received 298 shares of the Company's restricted stock through the accrual of dividend equivalents.
Footnote F2
On February 7, 2019, the reporting person received a grant of performance stock units (the "PSUs") with a service-based vesting component as well as a performance vesting requirement. These PSUs were included on the Form 3. While the reporting person has satisfied the service-based vesting requirement, the actual amount of PSUs which vested on February 7, 2022 was 0% of the target amount based upon the results of two performance measures during the performance period compared to the performance formula approved by the Compensation and Human Capital Committee of Synovus' Board of Directors. As such, the reporting person received 9,033 less shares (which includes the award plus dividend equivalent rights on those underlying shares) than initially included on the Form 3.
Footnote F3
These shares were withheld upon the vesting of 2019 MRSUs to pay tax withholding obligations.