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

Role
EVP & Chief Credit Officer
Signature
/s/ Mary Maurice Young
Issuer symbol
SNV
Transactions as of
17 Feb 2023
Net transactions value
-$66,175
Form type
4
Filing time
21 Feb 2023, 15:27:39 UTC
Previous filing
17 Feb 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNV Common Stock Options Exercise $0 +1,081 +7% $0.000000 16,582 17 Feb 2023 Direct F1
transaction SNV Common Stock Disposed to Issuer $46,786 -1,081 -6.5% $43.28 15,501 17 Feb 2023 Direct F1
transaction SNV Common Stock Tax liability $19,389 -448 -2.9% $43.28 15,053 17 Feb 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 -1,081 -33% $0.000000 2,162 17 Feb 2023 Common Stock 1,081 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.