Filing Details

Accession Number:
0001877589-23-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-21 17:17:12
Reporting Period:
2023-09-19
Accepted Time:
2023-09-21 17:17:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
18349 Synovus Financial Corp SNV PRE National Commercial Banks (6021) 581134883
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1877589 Eli Samaha 150 East 58Th St
Ste 1403
New York NY 10155
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E Acquisiton 2023-09-19 197,705 $21.40 1,598,082 No 4 P Indirect See Footnotes
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E Acquisiton 2023-09-20 36,425 $21.40 1,634,507 No 4 P Indirect See Footnotes
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E Acquisiton 2023-09-21 8,884 $21.25 1,643,391 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.35 to $21.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  2. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.38 to $21.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  3. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.25 to $21.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  4. These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP.
  5. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial ownership of such securities.