0000018349-24-000045.txt : 20240222 0000018349-24-000045.hdr.sgml : 20240222 20240222161728 ACCESSION NUMBER: 0000018349-24-000045 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240218 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bishop Daniel Zachary CENTRAL INDEX KEY: 0001907180 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10312 FILM NUMBER: 24665033 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE CITY: COLUMBUS STATE: GA ZIP: 31901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SYNOVUS FINANCIAL CORP CENTRAL INDEX KEY: 0000018349 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 581134883 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: STE 500 CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066492311 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: STE 500 CITY: COLUMBUS STATE: GA ZIP: 31901 FORMER COMPANY: FORMER CONFORMED NAME: CB&T BANCSHARES INC DATE OF NAME CHANGE: 19890912 4 1 wk-form4_1708636633.xml FORM 4 X0508 4 2024-02-18 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001907180 Bishop Daniel Zachary P.O. BOX 120 COLUMBUS GA 31902 0 1 0 0 EVP, Tech., Ops., & Sec. 0 Common Stock 2024-02-18 4 A 0 3375 36.70 A 40344 D Common Stock 2024-02-18 4 F 0 4818 36.70 D 35526 D On February 18, 2021, the reporting person received grants of performance stock units (the "PSUs") with a service-based vesting component as well as a performance-based vesting requirement. These PSUs were included on the Form 3 filed on February 1, 2022 by the reporting person (the "Form 3"). 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-based vesting component, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the Total Shareholder Return Multiplier, the reporting person received 2,458 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of PSUs initially reported on the Form 3 filed in February 2022. In addition, the reporting person received 917 shares through the accrual of dividend equivalents. These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations. /s/ Mary Maurice Young 2024-02-22