Mark G. Holladay - 17 Feb 2022 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2022, 16:18:52 UTC
Prior SEC filing
15 Feb 2022
Next SEC filing
23 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mary Maurice Young

Key filing fact

Mark G. Holladay filed Form 4 for SYNOVUS FINANCIAL CORP (SNV) on 22 Feb 2022.

Key facts

  • This page summarizes Mark G. Holladay's Form 4 filing for SYNOVUS FINANCIAL CORP (SNV).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2022, 16:18.

Change

  • Previous filing in this sequence was filed on 15 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
45,213
Date
17 Feb 2022
Ownership
Direct
SNV holding

Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,000
Date
17 Feb 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SNV transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+5,722
Change %
+28%
Price
$0.000000
Shares after
26,196
Date
17 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,722
Exercise price
Footnotes
F1
SNV transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+3,815
Change %
+78%
Price
$0.000000
Shares after
8,690
Date
17 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,815
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as a performance vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance vesting component, two performance measures (weighted average return on tangible common equity and relative total shareholder return) are measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance objective approved by the Compensation and Human Capital Committee of Synovus' Board of Directors.

Footnote F2

These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus.

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