0000018349-22-000030.txt : 20220209 0000018349-22-000030.hdr.sgml : 20220209 20220209165107 ACCESSION NUMBER: 0000018349-22-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220207 FILED AS OF DATE: 20220209 DATE AS OF CHANGE: 20220209 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: 22607913 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 wf-form4_164444344871529.xml FORM 4 X0306 4 2022-02-07 0 0000018349 SYNOVUS FINANCIAL CORP SNV 0001483025 Stelling Kessel D P.O. BOX 120 COLUMBUS GA 31902 1 1 0 0 Executive Chairman Common Stock 2022-02-07 4 A 0 3712 51.07 A 170705 D Common Stock 2022-02-07 4 D 0 40172 0 D 130533 D Common Stock 2022-02-07 4 F 0 5753 51.07 D 124780 D Common Stock 50000 I 2021 GRAT On February 11, 2019, the reporting person reported the grant of certain restricted stock units (the "2019 MRSUs"). The 2019 MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 7, 2022, pursuant to the terms of the service-based vesting component of the 2019 MRSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 2,232 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of the 2019 MRSUs initially reported on Form 4 in February 2019. In addition, the reporting person received 1,480 shares of the Company's restricted stock through the accrual of dividend equivalents. On February 11, 2019, the reported person reported the grant of certain performance stock units (the "PSUs"). The PSUs had a service based vesting component as well as performance vesting requirement. While the reporting person has satisfied the service-based vesting requirement, the actual amount of PSUs which vested on February 7, 2022 was 0% of the target amount based upon the results of two performance measures during the performance period compared to the performance's formula approved by the Compensation and Human Capital Committee of Synovus' Board of Directors. As such, the reporting person received 40,172 less shares than initially reported on Form 4 in February 2019. These shares were withheld upon the vesting of 2019 MRSUs to pay tax withholding obligations. /s/ Mary Maurice Young 2022-02-09