0001209191-19-009000.txt : 20190211 0001209191-19-009000.hdr.sgml : 20190211 20190211170233 ACCESSION NUMBER: 0001209191-19-009000 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190207 FILED AS OF DATE: 20190211 DATE AS OF CHANGE: 20190211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Derrick Robert Warren CENTRAL INDEX KEY: 0001765221 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10312 FILM NUMBER: 19586325 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE, SUITE 500 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] 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: 7066495292 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 doc4.xml FORM 4 SUBMISSION X0306 4 2019-02-07 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001765221 Derrick Robert Warren 1111 BAY AVENUE, SUITE 500 COLUMBUS GA 31901 0 1 0 0 EVP & Chief Credit Officer Common Stock 2019-02-07 4 A 0 4500 37.34 A 8518 D Common Stock 2019-02-07 4 A 0 3000 37.34 A 11518 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 2019-02-11