Kevin Joseph Howard - 16 Feb 2024 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)

Role
EVP, Chief Wholesale Bank. Off
Signature
/s/ Mary Maurice Young
Issuer symbol
SNV
Transactions as of
16 Feb 2024
Net transactions value
-$132,780
Form type
4
Filing time
21 Feb 2024, 16:32:07 UTC
Previous filing
20 Feb 2024
Next filing
22 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 +2,080 +3.1% $0.000000 69,092 16 Feb 2024 Direct F1
transaction SNV Common Stock Disposed to Issuer $76,378 -2,080 -3% $36.72 67,012 16 Feb 2024 Direct F1
transaction SNV Common Stock Tax liability $56,402 -1,536 -2.3% $36.72 65,476 16 Feb 2024 Direct F2, F3

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 -2,080 -33% $0.000000 4,159 16 Feb 2024 Common Stock 2,080 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.
F3 Includes 310 shares acquired through dividend accruals.