4//SEC Filing
SUNTRUST BANKS INC 4
Accession 0000750556-11-000043
CIK 0000750556operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 7:46 AM ET
Size
11.7 KB
Accession
0000750556-11-000043
Insider Transaction Report
Form 4
PRINCE LARRY L
Director
Transactions
- Award
Phantom Stock Units
2011-02-08$32.27/sh+139.448$4,500→ 26,223.276 total→ Common Stock (139.448 underlying)
Holdings
- 21,090(indirect: By Spouse)
Common Stock
- 22,000
Common Stock
- 2,000
Option
Exercise: $64.57From: 2001-11-13Exp: 2011-11-13→ Common Stock (2,000 underlying) - 9,338.067
Phantom Stock
→ Common Stock (9,338.067 underlying)
Footnotes (3)
- [F1]The phantom stock units were accrued under the SunTrust Banks, Inc. Directors Deferred Compensation Plan and are to be settled upon the reporting person's retirement. Directors fees are deferred into this plan and are accounted for as if invested in SunTrust common stock. These phantom stock units convert to common stock on a one-for-one basis.
- [F2]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
- [F3]Restricted stock units granted under the SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Payments commence following the reporting person's departure from the Board of Directors of SunTrust Banks, Inc. These securities convert to common stock on a one-for-one basis.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000750556
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 7:46 AM ET
- Size
- 11.7 KB