Form 4 for SYF Synchrony Financial
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001601712-22-000089 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-03 | 2022-03-01 | SYF | Casellas Alberto | See remarks | F - Tax | $39.47 | -11.4K | 82.6K | -12% | -$449.5K |
| D | 2022-03-03 | 2022-03-01 | SYF | Casellas Alberto | See remarks | S - Sale | $42.47 | -15.7K | 66.9K | -19% | -$666.9K |
| D | 2022-03-03 | 2022-03-01 | SYF | Casellas Alberto | See remarks | A - Grant | $39.47 | +25.7K | 94.0K | +38% | +$1.01M |
| D | 2022-03-03 | 2022-03-01 | SYF | Casellas Alberto | See remarks | A - Grant | $0.00 | +3,331 | 21.5K | +18% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-01 | F | D | 11,388 | $39.47 | 82,641 | D | — | — | (F2) Reflects the number of shares of Company common stock automatically withheld by the Company to pay the tax liability of the Reporting Person in connection with the vesting of restricted stock units. No investment decision was made by the Reporting Person in connection with the withholding. |
| 2 | Common | Common Stock | 2022-03-01 | S | D | 15,702 | $42.47 | 66,939 | D | — | — | (F3) This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 31, 2022. (F4) This price is a weighted average price. Information regarding the number of shares sold at each price will be provided upon request. |
| 3 | Common | Common Stock | 2022-03-01 | A | A | 25,653 | $39.47 | 94,029 | D | — | — | (F1) Represents restricted stock units that will vest in three equal annual installments of 33.33% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock. |
| 4 | Derivative | Phantom Stock Units | 2022-03-01 | A | A | 3,331 | $0.00 | 21,533 | D | — · — to — | 3,331 Phantom Stock Units | (F6) Includes phantom stock units acquired pursuant to the dividend reinvestment feature of the Restoration Plan. (F5) The reported phantom stock units were acquired under the Synchrony Financial Restoration Plan and are to be settled upon the Reporting Person's separation from service to the Company, subject to the requirements set forth in the Restoration Plan. Each phantom stock unit is the economic equivalent of one share of the Company's common stock. |