SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

BUTLER STEPHEN T

(Last)

(First)

(Middle)

P.O. BOX 120

(Street)

COLUMBUS

31902

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SYNOVUS FINANCIAL CORP [ SNV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/14/2018		P	33	A	$36.51	77,070	D
Common Stock	01/01/2019		A⁽¹⁾	41	A	$0.00⁽¹⁾	77,111	D
Common Stock	01/15/2019		S	8	D	$34.85	77,189	D
Common Stock	06/20/2019		P	19	A	$33.28	79,960	D
Common Stock	08/01/2019		S	8	D	$37.97	80,034	D
Common Stock	11/25/2019		S	2	D	$38.14	80,481	D
Common Stock	12/06/2019		S	12	D	$38.71	109,988	D
Common Stock	12/09/2019		S	63	D	$38.43	109,925	D
Common Stock							56,857	I	By Peepeye, L.P.
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D							2,000	D
Common Stock							37,118	I	By 2018 GRAT
Common Stock							39,939	I	By 2014 Children's Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects the issuance of shares of Synovus Financial Corp.'s common stock, $1.00 par value per share ("Synovus Common Stock"), pursuant to the Agreement and Plan of Merger dated as of July 23, 2018 (the "Merger Agreement") by and between Synovus Financial Corp., FCB Financial Holdings, Inc.("FCB") and Azalea Merger Sub Corp. ("Merger Sub") pursuant to which, at the effective time of the Merger (the "Effective Time"), Merger Sub merged with and into FCB, with FCB as the surviving entity. Immediately following that merger, FCB then merged with and into Synovus, with Synovus as the surviving entity. In accordance with the terms of the Merger Agreement, each share of FCB Class A common stock, par value $0.001 per share ("FCB Common Stock"), was converted into 1.055 shares (the "Exchange Ratio") of Synovus Common Stock.

Remarks:

	/s/ Mary Maurice Young	01/07/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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