4//SEC Filing
SUNTRUST BANKS INC 4
Accession 0000750556-06-000181
CIK 0000750556operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 3:24 PM ET
Size
22.8 KB
Accession
0000750556-06-000181
Insider Transaction Report
Form 4
GARROTT THOMAS M
Director
Transactions
- Gift
Common Stock
2006-12-08−4,560→ 148,054 total
Holdings
- 53,086
Option
Exercise: $49.97From: 2002-01-16Exp: 2011-01-16→ Common Stock (53,086 underlying) - 59,007(indirect: By Children)
Common Stock
- 21,291(indirect: Investment I, LP)
Common Stock
- 78,852(indirect: GRAT)
Common Stock
- 1,919
Option
Exercise: $52.09From: 2004-10-01Exp: 2012-01-15→ Common Stock (1,919 underlying) - 24,921.224
Phantom Stock Units
→ Common Stock (24,921.224 underlying) - 120,568
Option
Exercise: $52.09From: 2003-01-15Exp: 2012-01-15→ Common Stock (120,568 underlying) - 134,582(indirect: Investment II, LP)
Common Stock
- 2,069
Option
Exercise: $48.33From: 2004-10-01Exp: 2013-01-14→ Common Stock (2,069 underlying) - 488,635(indirect: Garrott 2005 Investments, LTD)
Common Stock
- 0(indirect: By 401(k))
Common Stock
- 120,418
Option
Exercise: $48.33From: 2004-01-14Exp: 2013-01-14→ Common Stock (120,418 underlying) - 122,488
Option
Exercise: $56.17From: 2004-10-01Exp: 2014-01-21→ Common Stock (122,488 underlying)
Footnotes (10)
- [F1]This transaction is a gift.
- [F10]Acquired under the National Commerce Financial Corporation Equity Investment Plan, which was frozen 12/31/04, and under the SunTrust Banks, Inc. 401(k) Excess Benefit Plan. These phantom stock units convert to common stock on a one-for-one basis.
- [F2]Thomas M. Garrott 2005-1 Grantor Retained Annuity Trust.
- [F3]Upon retirement, cash equivalent to 55,138 shares was distributed on 8/11/2006. Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date. This distribution was exempt from Section 16(b) and from Section 16 reporting pursuant to Rule 16b-3(c).
- [F4]Held in trust for children.
- [F5]Garrott 2005 Investments LTD with respect to which the Reporting Person serves as general partner.
- [F6]Granted pursuant to the National Commerce Financial Corporation Amended and Restated Long-Term Incentive Plan.
- [F7]Granted pursuant to the National Commerce Financial Corporation 1994 Stock Plan Amended and Restated.
- [F8]Granted pursuant to the National Commerce Financial Corporation 2003 Stock and Incentive Plan.
- [F9]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000750556
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 3:24 PM ET
- Size
- 22.8 KB