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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Synovus Financial Corporation | NYSE:SNV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 38.38 | 0 | 09:09:45 |
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þ
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
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For the fiscal year ended
December 31, 2016
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OR
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o
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
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For the transition period from
to
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Assets
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2016
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2015
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|||
Common stock of Synovus Financial Corp., at fair value - 0 shares (cost $0) at December 31, 2016 and 2015
(note 4)
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$
|
—
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—
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Dividends receivable
|
—
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—
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$
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—
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—
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Plan Equity
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Plan equity (1,517 participants and 1,604 participants at December 31, 2016 and 2015, respectively)
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$
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—
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—
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2016
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2015
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2014
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||||
Investment loss:
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Realized losses on withdrawals/distributions to participants
(note 7)
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$
|
(42,226
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)
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(3,115
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)
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(45,537
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)
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Total investment loss
|
(42,226
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)
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|
(3,115
|
)
|
|
(45,537
|
)
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Contributions
(note 6)
:
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Participants
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4,589,712
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4,634,146
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4,791,030
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Participating employers
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688,459
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695,122
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718,781
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Total contributions
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5,278,171
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5,329,268
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|
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5,509,811
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Withdrawals by participants - common stock of Synovus Financial Corp., at fair value 163,985, 175,720, and 217,163 shares for year ended December 31, 2016, 2015, and 2014, respectively)
(note 7
)
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(5,235,945
|
)
|
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(5,326,153
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)
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5,464,274
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Net change in Plan equity
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—
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—
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—
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Plan equity at beginning of period
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—
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—
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—
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Plan equity at end of period
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$
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—
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—
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|
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—
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2016
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|||||
Participating employers
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Participants
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Participating employers
|
|||
Synovus Bank
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$
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4,138,748
|
|
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620,813
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Synovus Securities, Inc.
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450,964
|
|
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67,646
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Total contributions
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$
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4,589,712
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|
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688,459
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2015
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||||
Participating employers
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Participants
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Participating employers
|
||
Synovus Bank
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4,181,860
|
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627,279
|
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Synovus Securities, Inc.
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452,286
|
|
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67,843
|
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Total contributions
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4,634,146
|
|
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695,122
|
|
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|
|
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2014
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||||
Participating employers
|
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Participants
|
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Participating employers
|
||
Synovus Bank
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4,643,018
|
|
|
696,577
|
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Synovus Securities, Inc.
|
|
148,012
|
|
|
22,204
|
|
Total contributions
|
|
4,791,030
|
|
|
718,781
|
|
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|
2016
|
|
2015
|
|
2014
|
||||
Fair value at dates of distribution or withdrawal if shares of
Synovus common stock
|
|
$
|
5,235,945
|
|
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5,326,153
|
|
|
5,464,274
|
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Less cost (computed on an average cost basis) of shares of
Synovus common stock distributed or redeemed
|
|
5,278,171
|
|
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5,329,268
|
|
|
5,509,811
|
|
|
Total realized losses
|
|
$
|
(42,226
|
)
|
|
(3,115
|
)
|
|
(45,537
|
)
|
|
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SYNOVUS FINANCIAL CORP.
2011 EMPLOYEE STOCK PURCHASE PLAN
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BY:
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SYNOVUS FINANCIAL CORP.,
AS PLAN ADMINISTRATOR
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March 23, 2017
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By:
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/s/Allan E. Kamensky
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Allan E. Kamensky
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Executive Vice President, General Counsel and Secretary
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