4//SEC Filing
Sullivan Timothy E 4
Accession 0000750556-11-000056
CIK 0000750556other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:11 PM ET
Size
22.2 KB
Accession
0000750556-11-000056
Insider Transaction Report
Form 4
Sullivan Timothy E
Corp. EVP & Chief Info. Off.
Transactions
- Tax Payment
Common Stock
2011-02-11$32.53/sh−2,611$84,936→ 13,883.965 total
Holdings
- 947.64
Common Stock
- 18,000
Option
Exercise: $73.19From: 2007-02-10Exp: 2014-02-10→ Common Stock (18,000 underlying) - 1,725.417
Phantom Stock Units
→ Common Stock (1,725.417 underlying) - 62,000
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (62,000 underlying) - 238,475
Option
Exercise: $9.06From: 2012-02-10Exp: 2019-02-10→ Common Stock (238,475 underlying) - 25,000
Option
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (25,000 underlying) - 33,000
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (33,000 underlying) - 36,674
Common Stock
- 31,855.809
Phantom Stock Units
→ Common Stock (31,855.809 underlying) - 2,200.54
Phantom Stock Units
→ Common Stock (2,200.54 underlying) - 16,494.965
Common Stock
- 18,000
Option
Exercise: $73.14From: 2008-02-08Exp: 2015-02-08→ Common Stock (18,000 underlying) - 33,000
Option
Exercise: $71.03From: 2009-02-14Exp: 2016-02-14→ Common Stock (33,000 underlying)
Footnotes (8)
- [F1]Includes 8,045 shares of restricted stock which vested on 02/11/2011.
- [F2]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.
- [F3]Restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 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 16,300 shares which vest on 02/10/2012 and 20,374 shares which vest on 12/16/2012.
- [F4]The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.
- [F5]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. The stock units will be settled in cash one half on March 31, 2011 and one half on March 31, 2012, unless settled earlier due to the executive's death.
- [F6]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. The stock units will be settled in cash on March 15, 2012, unless settled earlier due to the executive's death.
- [F7]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
- [F8]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeother
Related Parties
1- filerCIK 0001323718
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:11 PM ET
- Size
- 22.2 KB