SUNTRUST BANKS INC 4
4 · SUNTRUST BANKS INC · Filed Aug 6, 2008
Insider Transaction Report
Form 4
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
- 3,083
Common Stock
- 30,460.182(indirect: By 401(k))
Common Stock
[F1] - 33,497(indirect: Restricted Stock)
Common Stock
[F2] - 2,069
Option
[F3]Exercise: $48.33From: 2004-10-01Exp: 2013-01-14→ Common Stock (2,069 underlying) - 1,919
Option
[F3]Exercise: $52.09From: 2004-10-01Exp: 2012-01-15→ Common Stock (1,919 underlying) - 24,347
Option
[F3]Exercise: $48.33From: 2004-01-14Exp: 2013-01-14→ Common Stock (24,347 underlying) - 36,157
Option
[F3]Exercise: $52.09From: 2003-01-15Exp: 2012-01-15→ Common Stock (36,157 underlying) - 19,168
Option
[F4]Exercise: $49.97From: 2002-01-16Exp: 2011-01-16→ Common Stock (19,168 underlying) - 49,530
Option
[F4]Exercise: $31.93From: 2001-07-05Exp: 2010-07-05→ Common Stock (49,530 underlying) - 49,926
Option
[F5]Exercise: $56.17From: 2004-10-01Exp: 2014-01-21→ Common Stock (49,926 underlying) - 100,000
Option
[F6]Exercise: $71.24From: 2007-10-01Exp: 2014-10-01→ Common Stock (100,000 underlying) - 47,734
Option
[F6]Exercise: $71.03From: 2009-02-14Exp: 2016-02-14→ Common Stock (47,734 underlying) - 42,000
Option
[F6]Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (42,000 underlying) - 84,500
Option
[F6]Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (84,500 underlying) - 480.965
Phantom Stock Units
[F7]→ Common Stock (480.965 underlying) - 327.86
Phantom Stock Units
[F8]→ Common Stock (327.86 underlying)
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.
Signature
David A. Wisniewski, Attorney-in-Fact for William R. Reed, Jr.|2008-08-06