0001209191-14-035402.txt : 20140520 0001209191-14-035402.hdr.sgml : 20140520 20140520122513 ACCESSION NUMBER: 0001209191-14-035402 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140516 FILED AS OF DATE: 20140520 DATE AS OF CHANGE: 20140520 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SYNOVUS FINANCIAL CORP CENTRAL INDEX KEY: 0000018349 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 581134883 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: STE 500 PO BOX 120 CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066494818 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: STE 500 PO BOX 120 CITY: COLUMBUS STATE: GA ZIP: 31901 FORMER COMPANY: FORMER CONFORMED NAME: CB&T BANCSHARES INC DATE OF NAME CHANGE: 19890912 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Howard Kevin Joseph CENTRAL INDEX KEY: 0001483027 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10312 FILM NUMBER: 14857035 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: SUITE 500 CITY: COLUMBUS STATE: GA ZIP: 31901 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2014-05-16 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001483027 Howard Kevin Joseph P.O. BOX 120 COLUMBUS GA 31902 0 1 0 0 EVP and Chief Credit Officer Salary Stock Unit 0.00 2014-05-16 4 A 0 120 21.84 A Common Stock 120 848 D Salary stock units ("SSUs") are restricted stock units issued bi-weekly as a portion of the reporting person's salary compensation, net of withholdings and deductions, and are issued under the Synovus Financial Corp. 2013 Omnibus Plan. An SSU represents the right to receive a cash payment equal to the future value of a share of Synovus common stock. For more information, please see the Current Report on Form 8-K filed by Synovus on January 24, 2014, as amended on February 5, 2014. SSUs are fully vested on the date of grant and will settle in cash on January 15, 2015. The Company completed a one-for-seven reverse stock split effective May 16, 2014. The amount stated represents the post-split adjusted amount, and fractional shares are not included because all fractional shares will be aggregated into whole shares and sold on the open market at prevailing prices by the Company's transfer agent. In lieu of fractional shares, the reporting person will receive a cash payment equal to his or her allocable share of the totel proceeds of these sales. The amount stated has also been adjusted to correct a computational error. SSU grants made prior to February 7, 2014 were included in the reporting person's balance in error, as such previous grants settled in cash on or before January 15, 2014, as previously reported. /s/ Mary Maurice Young 2014-05-20