Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNV | Common Stock | Award | -$17.1K | -432 | -0.47% | $39.66 | 91.9K | Dec 12, 2022 | Direct | F1, F2 |
transaction | SNV | Common Stock | Tax liability | -$75.3K | -1.9K | -2.07% | $39.66 | 90K | Dec 12, 2022 | Direct | F3 |
holding | SNV | Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D | 2K | Dec 12, 2022 | Direct |
Id | Content |
---|---|
F1 | On December 16, 2019, the reporting person reported the grant of certain restricted stock units (the "2019 MRSUs"). The 2019 MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On December 12, 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 "target" amount of MRSUs which vested was adjusted downward based upon Synovus' total shareholder return during the year. As such, the reporting person received 432 less shares of the Company's restricted stock than the target amount of the 2019 MRSUs initially reported on Form 4 in December 2019. |
F2 | Includes 490 shares acquired through dividend equivalents. |
F3 | These shares were withheld upon the vesting of 2019 MRSUs to pay tax withholding obligations. |