Bart Schaller - 14 Jun 2021 Form 3 Insider Report for Synchrony Financial (SYF)

Role
EVP & CEO, Digital Exhibit List: Exhibit 24 - Power of Attorney
Signature
/s/ Bart Schaller
Issuer symbol
SYF
Transactions as of
14 Jun 2021
Net transactions value
$0
Form type
3
Filing time
24 Jun 2021, 16:43:18 UTC
Previous filing
28 Jan 2022
Next filing
30 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYF Common Stock 48,994 14 Jun 2021 Direct F1

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
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 29,985 $23.00 Direct F2
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 4,644 $24.55 Direct F3
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 6,422 $30.41 Direct F4
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 8,681 $29.33 Direct F5
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 14,453 $34.30 Direct F6
holding SYF Employee Stock Option (right to buy) 14 Jun 2021 Common Stock 14,548 $33.53 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 15,693 shares of Synchrony Financial ("Company") common stock, 14,123 restricted stock units that will vest on March 1, 2022, 3,285 restricted stock units that will vest on April 1, 2022, 10,047 restricted stock units that will vest on March 1, 2023, 1,702 restricted stock units that will vest on April 1, 2023, and 4,145 restricted stock units that will vest on March 1, 2024. Each restricted stock unit represents a contingent right to receive one share of Company common stock.
F2 The reporting person was awarded employee stock options on July 31, 2014, which vested on the fourth anniversary of the grant date.
F3 The reporting person was awarded employee stock options on September 17, 2014, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
F4 The reporting person was awarded employee stock options on April 1, 2015, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
F5 The reporting person was awarded employee stock options on April 1, 2016, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
F6 The reporting person was awarded employee stock options on April 1, 2017, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
F7 The reporting person was awarded employee stock options on April 1, 2018, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.

Remarks:

EVP & CEO, Digital Exhibit List: Exhibit 24 - Power of Attorney