| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SYF | Common Stock | Award | $1.35M | +34.2K | +38.2% | $39.47 | 124K | Mar 1, 2022 | Direct | F1 |
| transaction | SYF | Common Stock | Tax liability | -$487K | -12.3K | -9.97% | $39.47 | 111K | Mar 1, 2022 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SYF | Phantom Stock Units | Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities | $0 | -14K | -100% | $0.00* | 0 | Mar 1, 2022 | Phantom Stock Units | 14K | Direct | F3 |
| Id | Content |
|---|---|
| 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. |
| 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. |
| F3 | The reported phantom stock units were acquired under the Synchrony Financial Restoration Plan. The Reporting Person transferred the phantom stock units into an alternative investment on March 1, 2022. Each phantom stock unit is the economic equivalent of one share of the Company's common stock. However, no actual shares of the Company's common stock were ever issued to the Reporting Person, nor did the Reporting Person dispose of any actual shares. |
EVP, CFO