0001209191-19-009776.txt : 20190213 0001209191-19-009776.hdr.sgml : 20190213 20190213173159 ACCESSION NUMBER: 0001209191-19-009776 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190209 FILED AS OF DATE: 20190213 DATE AS OF CHANGE: 20190213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stelling Kessel D CENTRAL INDEX KEY: 0001483025 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10312 FILM NUMBER: 19598896 MAIL ADDRESS: STREET 1: 1111 BAY AVENUE STREET 2: 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 2019-02-09 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001483025 Stelling Kessel D P.O. BOX 120 COLUMBUS GA 31902 1 1 0 0 Chairman, CEO, & President Common Stock 2019-02-09 4 D 0 2594 37.33 D 312496 D Common Stock 2019-02-09 4 F 0 3511 37.33 D 308985 D Common Stock 2019-02-11 4 D 0 3044 37.33 D 306556 D Common Stock 2019-02-11 4 A 0 2719 37.33 A 311228 D Common Stock 2019-02-11 4 F 0 21808 37.33 D 289420 D Common Stock 13909 I By 2015 Irrevocable Trust Common Stock 70000 I By 2018 GRAT Common Stock 36271 I By 2017 GRAT On February 10, 2017, 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 February 9, 2019, 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 2,594 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in February 2017. Includes 273 shares acquired through the accrual of dividend equivalents on the MRSUs vested as of February 9, 2019. These shares were withheld upon the vesting of MRSUs to pay tax witholding obligations. On February 16, 2016, 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 February 11, 2019, pursuant to the terms of the service-based vesting component of the MRSUs, the third 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 3,044 less shares of the Company's restricted stock than the target amount of MRSUs initially reported on Form 4 in February 2016. Includes 461 shares acquired through the accrual of dividend equivalents on the MRSUs vested as of February 11, 2019. On February 16, 2016, the reporting person reported the grant of certain performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 11, 2019, pursuant to the terms of the service-based vesting component of the PSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 2,719 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of PSUs initially reported on Form 4 in February 2016. Includes 1,953 shares acquired through accrual of dividend equivalents on the PSUs vested as of February 11, 2019. These shares were withheld upon the vesting of MRSUs and PSUs to pay tax witholding obligations. /s/ Mary Maurice Young 2019-02-13