Eli Samaha - Jun 10, 2024 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV PR E)

Role
10%+ Owner
Signature
Eli Samaha
Stock symbol
SNV PR E
Transactions as of
Jun 10, 2024
Transactions value $
-$4,357,321
Form type
4
Date filed
6/11/2024, 04:18 PM
Previous filing
Jun 7, 2024
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SNV PR E Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E Sale -$4.36 M -173 K -11.79% $25.20 1.29 M Jun 10, 2024 See Footnote F1, F2

Eli Samaha is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The sales price reported in Column 4 is a weighted average price. These shares were sales in multiple transactions at prices ranging from $25.20 to $25.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the pecuniary interest of the Reporting Person therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of such securities.