0001209191-20-008840.txt : 20200212 0001209191-20-008840.hdr.sgml : 20200212 20200212170018 ACCESSION NUMBER: 0001209191-20-008840 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200210 FILED AS OF DATE: 20200212 DATE AS OF CHANGE: 20200212 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: 20605152 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: 7066492311 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 2020-02-10 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001483025 Stelling Kessel D P.O. BOX 120 COLUMBUS GA 31902 1 1 0 0 Chairman & CEO Common Stock 2020-02-10 4 J 0 158 36.45 A 271964 D Common Stock 2020-02-10 4 A 0 1030 36.37 A 272994 D Common Stock 2020-02-10 4 A 0 1581 36.37 A 274575 D Common Stock 2020-02-10 4 A 0 18255 36.37 A 292830 D Common Stock 2020-02-10 4 F 0 30660 36.37 D 262170 D Common Stock 14600 I By 2015 Irrevocable Trust Common Stock 26057 I By 2018 GRAT Common Stock 100000 I By 2019 GRAT Purchased through Issuer's Director Stock Purchase Plan. Includes 1303 shares acquired through dividend reinvestment. On February 12, 2018, 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 8, 2020, 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 reporting person received 593 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially reported on Form 4 in February 2018. In addition, the reporting person received 437 shares of the Company's restricted stock through the accrual of dividend equivalents. 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, 2020, 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 reporting person received 801 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of MRSUs initially reported on Form 4 in February 2017. In addition, the reporting person received 780 shares of the Company's restricted stock through the accrual of dividend equivalents. On February 10, 2017, 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 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, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the Total Shareholder Return Multiplier, the reporting person received 15,021 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 2017. In addition, the reporting person received 3,234 shares of the Company's restricted stock through the accrual of dividend equivalents. These shares were withheld upon the vesting of MRSUs and PSUs to pay tax witholding obligations. /s/ Mary Maurice Young 2020-02-12