DAVID P. MELITO - 26 Jan 2021 Form 4 Insider Report for Synchrony Financial (SYF)

Role
SVP, Chief Accounting Officer and Controller
Signature
/s/ Danielle Do, as attorney in fact
Issuer symbol
SYF
Transactions as of
26 Jan 2021
Net transactions value
-$635,159
Form type
4
Filing time
28 Jan 2022, 15:12:04 UTC
Next filing
17 May 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 $0 +13,788 +78% $0.000000 31,365 26 Jan 2021 Direct F1
transaction SYF Common Stock Tax liability $204,546 -4,437 -14% $46.10 26,928 26 Jan 2021 Direct F2
transaction SYF Common Stock Sale $430,614 -9,351 -35% $46.05 17,577 27 Jan 2021 Direct F3
* 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.
F3 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2021.

Remarks:

SVP, Chief Accounting Officer and Controller