0001209191-15-017015.txt : 20150223
0001209191-15-017015.hdr.sgml : 20150223
20150223113723
ACCESSION NUMBER: 0001209191-15-017015
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150219
FILED AS OF DATE: 20150223
DATE AS OF CHANGE: 20150223
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: HOLLADAY MARK G
CENTRAL INDEX KEY: 0001128835
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10312
FILM NUMBER: 15638623
MAIL ADDRESS:
STREET 1: 1111 BAY AVENUE, SUITE 501
CITY: COLUMBUS
STATE: GA
ZIP: 31901
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-02-19
0
0000018349
SYNOVUS FINANCIAL CORP
SNV
0001128835
HOLLADAY MARK G
P.O. BOX 120
COLUMBUS
GA
31902
0
1
0
0
Exec.VP,Chief Risk Officer
Common Stock
2015-02-19
4
A
0
4990
28.06
A
54165
D
Common Stock
2015-02-19
4
A
0
4990
28.06
A
59155
D
These shares are subject to market restricted stock units (the "MRSUs"). The MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. Under the service-based vesting component, the MRSUs vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus. Under the Total Shareholder Return multiplier, the "target" amount of MRSUs which vest each year can be adjusted upward or downward 25% based upon Synovus' total shareholder return during each year.
These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as 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, Synovus' weighted average return on average assets is measured over a three-year performance period. The actual payout of the PSUS can range from 0% to 150% of the target amount based upon Synovus' weighted average return on average assets during the performance period compared to the performance formula approved by the Compensation Committee of Synovus' Board of Directors.
/s/ Mary Maurice Young
2015-02-23