Carol Juel - 01 Jul 2021 Form 4 Insider Report for Synchrony Financial (SYF)

Role
EVP & Chief Technology & Operating Officer
Signature
/s/ Danielle Do as attorney in fact
Issuer symbol
SYF
Transactions as of
01 Jul 2021
Net transactions value
+$112,548
Form type
4
Filing time
02 Jul 2021, 09:20:17 UTC
Previous filing
30 Jun 2021
Next filing
16 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $112,548 +2,303 +4.5% $48.87 53,533 01 Jul 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