Edgar Filing: SYNOVUS FINANCIAL CORP

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

GRIFFITH G SANDERS III

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)
Sr. EVP, GC and Sec

(Last)

(First)

(Middle)

P. O. BOX 120

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2005

(Street)

COLUMBUS, GA 31902

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
common stock								31	I	By son
common stock								31	I	By son
common stock								3,339	I	By Spouse
common stock	08/10/2005		M		66,980	A	$ 18.375	202,713	D
common stock	08/10/2005		M		187,500	A	$ 14.5	390,213	D
common stock	08/10/2005		S		19,300	D	$ 28.7	370,913	D
common stock	08/10/2005		S		300	D	$ 28.72	370,613	D
common stock	08/10/2005		S		400	D	$ 28.73	370,213	D
common stock	08/10/2005		S		300	D	$ 28.74	369,913	D
common stock	08/10/2005		S		15,500	D	$ 28.75	354,413	D
common stock	08/10/2005		S		8,000	A	$ 28.76	346,413	D
common stock	08/10/2005		S		1,900	D	$ 28.79	344,513	D
common stock	08/10/2005		S		4,900	A	$ 28.77	339,613	D
common stock	08/10/2005		S		5,800	D	$ 28.78	333,813	D
common stock	08/10/2005		S		17,500	D	$ 28.8	316,313	D
common stock	08/10/2005		S		4,300	D	$ 28.81	312,013	D
common stock	08/10/2005		S		2,300	D	$ 28.82	309,713	D
common stock	08/10/2005		S		4,300	D	$ 28.83	305,413	D
common stock	08/10/2005		S		3,670	D	$ 28.84	301,743	D
common stock	08/10/2005		S		1,400	D	$ 28.85	300,343	D
common stock	08/10/2005		S		500	D	$ 28.86	299,843	D
common stock	08/10/2005		S		2,000	D	$ 28.87	297,843	D
common stock	08/10/2005		S		2,700	D	$ 28.88	295,143	D
common stock	08/10/2005		S		500	D	$ 28.9	294,643	D
common stock	08/10/2005		S		800	D	$ 28.91	293,843	D
common stock	08/10/2005		S		2,100	D	$ 28.94	291,743	D
common stock	08/10/2005		S		34,600	D	$ 28.95	257,143	D
common stock	08/10/2005		S		1,100	D	$ 28.96	256,043	D
common stock	08/10/2005		S		5,500	D	$ 28.97	250,543	D
common stock	08/10/2005		S		2,900	D	$ 28.98	247,643	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 18.375

08/10/2005

66,980

07/01/2002⁽¹⁾

06/30/2007

common stock

66,980

$ 0

Employee Stock Option (Right to Buy)

$ 14.5

08/10/2005

187,500

11/03/2002⁽²⁾

11/02/2007

common stock

187,500

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
GRIFFITH G SANDERS III P. O. BOX 120 COLUMBUS, GA 31902			Sr. EVP, GC and Sec

Signatures

Garilou Page, Attorney-in-Fact		08/12/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The employee stock options granted to the reporting person on 7/1/1997 vested in 20% annual increments beginning on the one year anniversary of the date of grant and continuing until the fifth anniversary of the date of grant.
(2)	The employee stock options granted to the reporting person on 11/3/1997 vested as follows: 10% on 11/3/1998, 10% on 11/3/1999, 10% on 11/3/2000, 10% on 11/3/2001 and the remaining 60% on 11/3/2002.
Remarks: This is the first of two Forms 4 filed by the reporting person on the same date. The sales reported in these Forms 4 were to cover the cost of and taxes associated with exercising the employee stock options described in Tables I and II. Profits realized from the sales reported on these Forms 4 and any nonexempt purchases, if any, during the following six months will be paid to the company.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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