Margaret M. Keane - Mar 1, 2022 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
Mar 1, 2022
Transactions value $
$449,840
Form type
4
Date filed
3/3/2022, 03:21 PM
Previous filing
Feb 22, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $2.7M +68.4K +7.61% $39.47 968K Mar 1, 2022 Direct F1
transaction SYF Common Stock Tax liability -$2.25M -57K -5.89% $39.47 911K Mar 1, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that will vest in three equal annual installments of 33.33% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock.
F2 Reflects the number of shares of Company common stock automatically withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units. No investment decision was made by the Reporting Person in connection with the withholding.

Remarks:

Executive Chair