0001209191-16-134802.txt : 20160802
0001209191-16-134802.hdr.sgml : 20160802
20160802144217
ACCESSION NUMBER: 0001209191-16-134802
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160731
FILED AS OF DATE: 20160802
DATE AS OF CHANGE: 20160802
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: Perry Curtis J
CENTRAL INDEX KEY: 0001511021
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10312
FILM NUMBER: 161800112
MAIL ADDRESS:
STREET 1: P.O. BOX 120
CITY: COLUMBUS
STATE: GA
ZIP: 31902
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-07-31
0
0000018349
SYNOVUS FINANCIAL CORP
SNV
0001511021
Perry Curtis J
P.O. BOX 120
COLUMBUS
GA
31902
0
1
0
0
EVP& Chief Corp Banking Office
Common Stock
2016-07-31
4
D
0
17
30.44
D
65326
D
Common Stock
2016-07-31
4
F
0
201
30.44
D
65125
D
On August 6, 2014, the reporting person reported the grant of certain market restricted stock units (the "MRSUs"). The MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On July 31, 2016, pursuant to the terms of the service-based vesting component of the MRSUs, the second tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the "target" amount of MRSUs which vested was adjusted downward based upon Synovus' total shareholder return during the year. As such, the reporting person received 17 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in August 2014.
Amount includes 10 shares of the Company's restricted stock received through the accrual of dividend equivalents.
These shares were withheld upon the vesting of restricted stock units to pay tax witholding obligations.
/s/ Mary Maurice Young
2016-08-02