| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SNV | Common Stock | Options Exercise | $1.18M | +32.2K | +37.01% | $36.70 | 119K | Feb 18, 2024 | Direct | F1 |
| transaction | SNV | Common Stock | Award | $592K | +16.1K | +13.54% | $36.70 | 135K | Feb 18, 2024 | Direct | F2 |
| transaction | SNV | Common Stock | Options Exercise | $894K | +24.4K | +18.02% | $36.70 | 160K | Feb 18, 2024 | Direct | F1 |
| transaction | SNV | Common Stock | Award | $448K | +12.2K | +7.65% | $36.70 | 172K | Feb 18, 2024 | Direct | F3 |
| transaction | SNV | Common Stock | Tax liability | -$1.4M | -38.1K | -22.15% | $36.70 | 134K | Feb 18, 2024 | Direct | F4 |
| holding | SNV | Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D | 2K | Feb 18, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SNV | Performance Stock Units | Options Exercise | $0 | -32.2K | -100% | $0.00* | 0 | Feb 18, 2024 | Common Stock | 32.2K | Direct | F1 | |
| transaction | SNV | Performance Stock Units | Options Exercise | $0 | -24.4K | -100% | $0.00* | 0 | Feb 18, 2024 | Common Stock | 24.4K | Direct | F1 |
| Id | Content |
|---|---|
| F1 | These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as performance vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance vesting component, two performance measures (weighted average return on tangible common equity and relative total shareholder return) are measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance objectives approved by the Compensation Committee of the Synovus' Board of Directors. |
| F2 | On February 22, 2021, the reporting person reported the grant of performance stock units (the "PSUs") with a service-based vesting component as well as a performance-based vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance-based vesting component, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the Total Shareholder Return Multiplier, the reporting person received 11,035 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of PSUs initially reported on the Form 4 filed in February 2021. In addition, the reporting person received 5,093 shares through the accrual of dividend equivalents. |
| F3 | On February 22, 2021, the reporting person reported the grant of performance stock units (the "PSUs") with a service-based vesting component as well as a performance-based vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance-based vesting component, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the Total Shareholder Return Multiplier, the reporting person received 8,360 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of PSUs initially reported on the Form 4 filed in February 2021. In addition, the reporting person received 3,857 shares through the accrual of dividend equivalents. |
| F4 | These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations. |