Carol Juel - Jul 1, 2021 Form 4 Insider Report for Synchrony Financial (SYF)

Signature
/s/ Danielle Do as attorney in fact
Stock symbol
SYF
Transactions as of
Jul 1, 2021
Transactions value $
$112,548
Form type
4
Date filed
7/2/2021, 09:20 AM
Previous filing
Jun 30, 2021
Next filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $113K +2.3K +4.5% $48.87 53.5K Jul 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective June 14, 2021, Ms. Juel became EVP & Chief Technology & Operating Officer of Synchrony Financial (the "Company"). In connection with Ms. Juel's appointment, she received true-up equity grants that resulted in total prorated 2021 awards consistent with the new role's base salary and target incentive level. The grants were made on the same terms and conditions as the grants that were made to Ms. Juel on March 1, 2021.
F2 Represents restricted stock units that will vest in three equal annual installments of 33% each, beginning on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of Company common stock.

Remarks:

EVP & Chief Technology & Operating Officer