SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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).
1. Name and Address of Reporting Person*
GRIFFITH G SANDERS III

(Last) (First) (Middle)
P. O. BOX 120

(Street)
COLUMBUS GA 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. EVP, GC and Sec
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2005
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 Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common stock 31 I By son
common stock 31 I By son
common stock 3,339 I By Spouse
common stock 08/10/2005 M 66,980 A $18.375 202,713 D
common stock 08/10/2005 M 187,500 A $14.5 390,213 D
common stock 08/10/2005 S 19,300 D $28.7 370,913 D
common stock 08/10/2005 S 300 D $28.72 370,613 D
common stock 08/10/2005 S 400 D $28.73 370,213 D
common stock 08/10/2005 S 300 D $28.74 369,913 D
common stock 08/10/2005 S 15,500 D $28.75 354,413 D
common stock 08/10/2005 S 8,000 A $28.76 346,413 D
common stock 08/10/2005 S 1,900 D $28.79 344,513 D
common stock 08/10/2005 S 4,900 A $28.77 339,613 D
common stock 08/10/2005 S 5,800 D $28.78 333,813 D
common stock 08/10/2005 S 17,500 D $28.8 316,313 D
common stock 08/10/2005 S 4,300 D $28.81 312,013 D
common stock 08/10/2005 S 2,300 D $28.82 309,713 D
common stock 08/10/2005 S 4,300 D $28.83 305,413 D
common stock 08/10/2005 S 3,670 D $28.84 301,743 D
common stock 08/10/2005 S 1,400 D $28.85 300,343 D
common stock 08/10/2005 S 500 D $28.86 299,843 D
common stock 08/10/2005 S 2,000 D $28.87 297,843 D
common stock 08/10/2005 S 2,700 D $28.88 295,143 D
common stock 08/10/2005 S 500 D $28.9 294,643 D
common stock 08/10/2005 S 800 D $28.91 293,843 D
common stock 08/10/2005 S 2,100 D $28.94 291,743 D
common stock 08/10/2005 S 34,600 D $28.95 257,143 D
common stock 08/10/2005 S 1,100 D $28.96 256,043 D
common stock 08/10/2005 S 5,500 D $28.97 250,543 D
common stock 08/10/2005 S 2,900 D $28.98 247,643 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $18.375 08/10/2005 M 66,980 07/01/2002(1) 06/30/2007 common stock 66,980 $0 0 D
Employee Stock Option (Right to Buy) $14.5 08/10/2005 M 187,500 11/03/2002(2) 11/02/2007 common stock 187,500 $0 0 D
Explanation of Responses:
1. The employee stock options granted to the reporting person on 7/1/1997 vested in 20% annual increments beginning on the one year anniversary of the date of grant and continuing until the fifth anniversary of the date of grant.
2. The employee stock options granted to the reporting person on 11/3/1997 vested as follows: 10% on 11/3/1998, 10% on 11/3/1999, 10% on 11/3/2000, 10% on 11/3/2001 and the remaining 60% on 11/3/2002.
Remarks:
This is the first of two Forms 4 filed by the reporting person on the same date. The sales reported in these Forms 4 were to cover the cost of and taxes associated with exercising the employee stock options described in Tables I and II. Profits realized from the sales reported on these Forms 4 and any nonexempt purchases, if any, during the following six months will be paid to the company.
Garilou Page, Attorney-in-Fact 08/12/2005
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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