Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Share-based Compensation [Abstract]

Schedule of Stock Options Activity

A summary of stock option activity and changes during the years ended December 31, 2016, 2015, and 2014 is presented below.

Stock Options
	2016				2015				2014
	Shares		Weighted-Average Exercise Price		Shares		Weighted-Average Exercise Price		Shares		Weighted-Average Exercise Price
Outstanding at beginning of year	1,741,975		$	37.88	2,550,046		$	45.11	3,220,110		$	49.00
Option rounding due to reverse stock split on May 16, 2014	—		—		—		—		841		49.00
Options exercised	(297,225	)	17.35		(338,808	)	16.72		(178,176	)	17.14
Options forfeited	(1,597	)	17.64		(12,825	)	17.17		(30,146	)	15.79
Options expired/canceled	(469,792	)	92.62		(456,438	)	94.56		(462,583	)	84.88
Options outstanding at end of year	973,361		$	17.76	1,741,975		$	37.88	2,550,046		$	45.11
Options exercisable at end of year	973,361		$	17.76	1,504,783		$	41.08	1,870,516		$	55.40

Fair Value of Option Grants Used in Measuring Compensation Expense

The fair value of market restricted share units granted was estimated on the date of grant using a Monte Carlo simulation model with the following weighted average assumptions:

	2016		2015		2014
Risk-free interest rate	0.81	%	1.05	%	0.70	%
Expected stock price volatility	25.7		26.4		39.2
Dividend yield	1.8		1.4		1.2
Simulation period	3.0 years		3.0 years		3.0 years

Schedule of Restricted Stock Units Activity

A summary of performance share units outstanding and changes during the years ended December 31, 2016, 2015, and 2014 is presented below.

Performance Share Units
	Share Units	Weighted-Average grant date Fair Value
Outstanding at December 31, 2013	—	$	—
Granted	67,157	23.47
Dividend equivalents granted	518	24.09
Outstanding at December 31, 2014	67,675	23.47
Granted	82,152	28.06
Dividend equivalents granted	1,740	28.06
Outstanding at December 31, 2015	151,567	26.01
Granted	83,529	25.95
Dividend equivalents granted	3,384	25.95
Outstanding at December 31, 2016	238,480	$	25.99

A summary of restricted share units outstanding and changes during the years ended December 31, 2016, 2015, and 2014 is presented below (excluding market restricted and performance share units).

Restricted Share Units
	Share Units		Weighted-Average grant date Fair Value
Outstanding at December 31, 2013	581,677		$	16.38
Share unit rounding due to reverse stock split on May 16, 2014	258		16.38
Granted	407,374		23.69
Dividend equivalents granted	8,805		24.09
Vested	(64,725	)	15.45
Forfeited	(50,566	)	17.92
Outstanding at December 31, 2014	882,823		19.81
Granted	321,874		28.09
Dividend equivalents granted	9,810		28.09
Vested	(428,121	)	17.48
Forfeited	(23,619	)	24.60
Outstanding at December 31, 2015	762,767		24.57
Granted	350,458		26.43
Dividend equivalents granted	11,105		26.43
Vested	(406,496	)	23.10
Forfeited	(12,067	)	23.96
Outstanding at December 31, 2016	705,767		$	26.38

A summary of market restricted share units outstanding and changes during the years ended December 31, 2016, 2015, and 2014 is presented below.

Market Restricted Share Units
	Share Units		Weighted-Average grant date Fair Value
Outstanding at December 31, 2013	40,512		$	24.43
Share unit rounding due to reverse stock split on May 16, 2014	4		24.43
Granted	90,117		24.30
Dividend equivalents granted	1,231		24.09
Quantity change by TSR factor	1,518		24.43
Vested	(15,196	)	24.43
Outstanding at December 31, 2014	118,186		24.33
Granted	82,152		29.39
Dividend equivalents granted	2,221		29.05
Quantity change by TSR factor	4,838		24.33
Vested	(49,149	)	24.34
Outstanding at December 31, 2015	158,248		27.02
Granted	93,913		26.93
Dividend equivalents granted	3,095		26.93
Quantity change by TSR factor	9,970		26.93
Vested	(82,817	)	26.40
Outstanding at December 31, 2016	182,409		$	27.25

Schedule of Grants Under All Synovus Equity Compensation Plans

The following table provides aggregate information regarding grants under all Synovus equity compensation plans through December 31, 2016.

Plan Category	(a) Number of Securities to be Issued Upon Vesting of Restricted Share Units, Market Restricted Share Units, and Performance Share Units(1)	(b) Number of Securities to be Issued Upon Exercise of Outstanding Options	(c) Weighted-Average Exercise Price of Outstanding Options in Column (b)		(d) Number of Shares Remaining Available for Issuance Excluding Shares Reflected in Columns (a) and (b)
Shareholder approved equity compensation plans for shares of Synovus stock	1,126,656	973,361	$	17.76	6,432,798

⁽¹⁾ Market restricted and performance share units included at defined target levels. Actual shares issued upon vesting may differ based on actual TSR and ROAA over the measurement period.