SUNTRUST BANKS INC 4

Accession 0000750556-08-000099

CIK 0000750556operating

View on SEC.gov Company Profile

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 9:22 AM ET

Size

26.3 KB

Accession

0000750556-08-000099

Insider Transaction Report

Form 4

Period: 2008-08-05

SUNTRUST BANKS INCSTI

REED WILLIAM R JR

Vice Chairman

Transactions

Sale
Common Stock
2008-08-05$45.00/sh−6,000$270,000→ 115,200 total(indirect: By Spouse)

Holdings

Common Stock
(indirect: By 401(k))
30,460.182
Option
Exercise: $48.33From: 2004-01-14Exp: 2013-01-14→ Common Stock (24,347 underlying)
24,347
Phantom Stock Units
→ Common Stock (327.86 underlying)
327.86
Option
Exercise: $48.33From: 2004-10-01Exp: 2013-01-14→ Common Stock (2,069 underlying)
2,069
Option
Exercise: $71.03From: 2009-02-14Exp: 2016-02-14→ Common Stock (47,734 underlying)
47,734
Phantom Stock Units
→ Common Stock (480.965 underlying)
480.965
Common Stock
(indirect: Restricted Stock)
33,497
Option
Exercise: $71.24From: 2007-10-01Exp: 2014-10-01→ Common Stock (100,000 underlying)
100,000
Common Stock
3,083
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (42,000 underlying)
42,000
Option
Exercise: $31.93From: 2001-07-05Exp: 2010-07-05→ Common Stock (49,530 underlying)
49,530
Option
Exercise: $52.09From: 2004-10-01Exp: 2012-01-15→ Common Stock (1,919 underlying)
1,919
Option
Exercise: $49.97From: 2002-01-16Exp: 2011-01-16→ Common Stock (19,168 underlying)
19,168
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (84,500 underlying)
84,500
Option
Exercise: $52.09From: 2003-01-15Exp: 2012-01-15→ Common Stock (36,157 underlying)
36,157
Option
Exercise: $56.17From: 2004-10-01Exp: 2014-01-21→ Common Stock (49,926 underlying)
49,926

Footnotes (8)

[F1]Acquired under the National Commerce Financial Corporation Investment Plan, which was frozen on 12/31/04, and merged into the SunTrust Banks, Inc. 401(k) Plan on July 1, 2005. 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.
[F2]Restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. This plan is exempt under Rule 16(b)-3. Includes 12,475 shares which vest on 2/14/2009 and 9,522 shares which vest on 2/13/2010.
[F3]Granted pursuant to the National Commerce Financial Corporation Amended and Restated Long-Term Incentive Plan.
[F4]Granted pursuant to the National Commerce Financial Corporation 1994 Stock Plan, Amended and Restated.
[F5]Granted pursuant to the National Commerce Financial Corporation 2003 Stock and Incentive Plan.
[F6]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
[F7]Acquired under the National Commerce Bancorporation Deferred Compensation Plan, which is a frozen plan. These phantom stock units convert to common stock on a one-for-one basis. Payouts occur annually in January, ending in 2009.
[F8]The reported phantom stock units were acquired under SunTrust Banks, Inc.'s 401(k) excess benefit plan. These phantom stock units convert to common stock on a one-for-one basis.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

SUNTRUST BANKS INC

CIK 0000750556

→

Entity typeoperating

IncorporatedGA

Related Parties

filerCIK 0000750556

Filing Metadata

Form type: 4
Filed: Aug 5, 8:00 PM ET
Accepted: Aug 6, 9:22 AM ET
Size: 26.3 KB

View on SEC.gov