Sec Form 4 Filing - HOLLADAY MARK G @ SYNOVUS FINANCIAL CORP - 2021-02-07

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person HOLLADAY MARK G 2. Issuer Name and Ticker or Trading Symbol SYNOVUS FINANCIAL CORP [ SNV] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Exec.VP,Chief Risk Officer (Last) (First) (Middle) P.O. BOX 120 3. Date of Earliest Transaction (MM/DD/YY) 02/07/2021 (Street) COLUMBUS, GA31902 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/07/2021 A 243 ( 1 ) A $ 40.5 71,972 D Common Stock 02/07/2021 F 871 ( 2 ) D $ 40.5 71,101 D Common Stock 02/08/2021 A 240 ( 3 ) A $ 40.5 71,341 D Common Stock 02/08/2021 F 762 ( 4 ) D $ 40.5 70,579 D Common Stock 02/08/2021 D 6,432 ( 5 ) D $ 0 64,147 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HOLLADAY MARK G P.O. BOX 120 COLUMBUS, GA31902 Exec.VP,Chief Risk Officer Signatures /s/ Mary Maurice Young 02/10/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On February 11, 2019, the reporting person reported the grant of certain market restricted stock units (the "2019 MRSUs"). The 2019 MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 7, 2021, pursuant to the terms of the service-based vesting component of the 2019 MRSUs, the second tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 77 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of 2019 MRSUs initially reported on Form 4 in February 2019. In addition, the reporting person received 166 shares of the Company's restricted stock through the accrual of dividend equivalents. ( 2 )These shares were withheld upon the vesting of 2019 MRSUs to pay tax withholding obligations. ( 3 )On February 12, 2018, the reporting person reported the grant of certain market restricted stock units (the "2018 MRSUs"). The 2018 MRSUs have a service-based vesting component as well as a Total Shareholder Return Multiplier. On February 8, 2021, pursuant to the terms of the service-based vesting component of the 2018 MRSUs, the third tranche of such award vested. Based upon the Total Shareholder Return Multiplier, the reporting person received 66 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of 2018 MRSUs initially reported on Form 4 in February 2018. In addition, the reporting person received 174 shares of the Company's restricted stock through the accrual of dividend equivalents. ( 4 )These shares were withheld upon the vesting of 2018 MRSUs to pay tax withholding obligations. ( 5 )On February 12, 2018, the reporting person reported the grant of certain performance stock units (the "PSUs"). The PSUs had a service-based vesting component as well as performance vesting requirement. While the reporting person has satisfied the service-based vesting requirement, the actual amount of PSUs which vested on February 8, 2021 was 0% of the target amount based upon the results of two performance measures during the performance period compared to the performance's formula approved by Compensation Committee of Synovus' Board of Directors. As such, the reporting person received 6,432 less shares (which includes the award reported on February 12, 2018 plus dividend equivalent rights on those underlying shares) than initially reported on Form 4 in February 2018.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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