Margaret M. Keane - Jan 26, 2021 Form 4 Insider Report for Synchrony Financial (SYF)

Role
Executive Chair, Director
Signature
/s/ Danielle Do, as attorney-in-fact
Stock symbol
SYF
Transactions as of
Jan 26, 2021
Transactions value $
-$5,100,227
Form type
4
Date filed
1/28/2022, 03:10 PM
Next filing
May 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $0 +239K +31.01% $0.00 1.01M Jan 26, 2021 Direct F1
transaction SYF Common Stock Tax liability -$5.1M -111K -10.97% $46.10 898K Jan 26, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock of Synchrony Financial (the "Company") earned by the reporting person in connection with the vesting of Performance Share Units ("PSUs") under the 2019-2021 Long-Term Performance Program based on pre-established performance goals for the 2019-2021 performance period.
F2 Reflects the number of shares of Company common stock withheld by the Company to pay the tax liability of the reporting person in connection with the vesting of the PSUs under the 2019-2021 Long-Term Performance Program.

Remarks:

Executive Chair