Filing Details

Accession Number:
0001601712-21-000119
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-03 16:45:54
Reporting Period:
2021-03-01
Accepted Time:
2021-03-03 16:45:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1601712 Synchrony Financial SYF Finance Services (6199) 510483352
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1775796 Sr. J. Brian Wenzel 777 Long Ridge Road
C/O Corporate Secretary
Stamford CT 06902
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-03-01 29,250 $40.00 91,364 No 4 A Direct
Common Stock Disposition 2021-03-01 7,597 $40.00 83,767 No 4 F Direct
Common Stock Acquisiton 2021-03-01 4,935 $24.55 88,702 No 4 M Direct
Common Stock Disposition 2021-03-01 4,935 $39.46 83,767 No 4 S Direct
Common Stock Acquisiton 2021-03-01 40,864 $23.00 124,631 No 4 M Direct
Common Stock Disposition 2021-03-01 40,864 $39.80 83,767 No 4 S Direct
Common Stock Disposition 2021-03-01 13,734 $39.46 70,033 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2021-03-01 4,935 $0.00 4,935 $24.55
Common Stock Employee Stock Option (right to buy) Disposition 2021-03-01 40,864 $0.00 40,864 $23.00
Common Stock Phantom Stock Units Acquisiton 2021-03-01 13,700 $0.00 13,700 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-09-17 No 4 M Direct
0 2018-07-31 2024-07-31 No 4 M Direct
13,700 No 4 A Direct
Footnotes
  1. 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.
  2. 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.
  3. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 29, 2021.
  4. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.47 to $40.12. Information regarding the number of shares sold at each price will be provided upon request.
  5. The reporting person was awarded employee stock options on September 17, 2014, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.
  6. 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 Synchrony Financial common stock.