DAVID P. MELITO - 17 Feb 2022 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: 17 Feb 2022
Net transactions value: +$3,886
Form type: 4
Filing time: 22 Feb 2022, 15:35:02 UTC
Previous filing: 16 Nov 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SYF	Dividend Equivalent Unit	Award	$3,886	+89	+0.51%	$43.66	17,666	17 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents dividend equivalent units accrued on February 17, 2022 as dividends that were paid on the common shares underlying restricted stock units. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.

Content

Represents dividend equivalent units accrued on February 17, 2022 as dividends that were paid on the common shares underlying restricted stock units. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.

Remarks:

SVP, Chief Accounting Officer and Controller