0001209191-18-009050.txt : 20180212
0001209191-18-009050.hdr.sgml : 20180212
20180212103457
ACCESSION NUMBER: 0001209191-18-009050
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180208
FILED AS OF DATE: 20180212
DATE AS OF CHANGE: 20180212
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: 18594600
MAIL ADDRESS:
STREET 1: P.O. BOX 120
CITY: COLUMBUS
STATE: GA
ZIP: 31902
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: 7066446362
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-02-08
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
2018-02-08
4
A
0
5082
47.23
A
56871
D
Common Stock
2018-02-08
4
A
0
3388
47.23
A
60259
D
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, two performance measures (weighted average return on average assets and weighted average return on tangible common equity) are measured over a three-year performance period, with each measure applying to one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance formula approved by the Compensation Committee of Synovus' Board of Directors.
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 vesting component. 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 based component, the target amount of MRSUs which vest each year may be adjusted upward or downward 25% based upon Synovus' total shareholder return during each year.
/s/ Mary Maurice Young
2018-02-12