Robert Warren Derrick - Feb 17, 2023 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)

Role
EVP & Chief Credit Officer
Signature
/s/ Mary Maurice Young
Stock symbol
SNV
Transactions as of
Feb 17, 2023
Transactions value $
-$66,175
Form type
4
Date filed
2/21/2023, 03:27 PM
Previous filing
Feb 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNV Common Stock Options Exercise $0 +1.08K +6.97% $0.00 16.6K Feb 17, 2023 Direct F1
transaction SNV Common Stock Disposed to Issuer -$46.8K -1.08K -6.52% $43.28 15.5K Feb 17, 2023 Direct F1
transaction SNV Common Stock Tax liability -$19.4K -448 -2.89% $43.28 15.1K Feb 17, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNV Restricted Stock Units Options Exercise $0 -1.08K -33.33% $0.00 2.16K Feb 17, 2023 Common Stock 1.08K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus.
F2 These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.