Margaret M. Keane - Jan 24, 2023 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 24, 2023
Transactions value $
-$4,346,266
Form type
4
Date filed
1/26/2023, 03:08 PM
Previous filing
Jan 4, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $0 +265K +34.76% $0.00 1.03M Jan 24, 2023 Direct F1
transaction SYF Common Stock Tax liability -$4.35M -123K -11.95% $35.37 905K Jan 24, 2023 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 2020-2022 Long-Term Performance Program based on pre-established performance goals for the 2020-2022 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 2020-2022 Long-Term Performance Program.

Remarks:

Executive Chair