4//SEC Filing
Sullivan Timothy E 4
Accession 0000750556-11-000107
CIK 0000750556other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 8:04 AM ET
Size
22.4 KB
Accession
0000750556-11-000107
Insider Transaction Report
Form 4
Sullivan Timothy E
Corp. EVP & Chief Info. Off.
Transactions
- Exercise/Conversion
Phantom Stock Units
2011-04-05−6,757.378→ 0 total→ Common Stock (6,757.378 underlying)
Holdings
- 13,883.965
Common Stock
- 950.709
Common Stock
- 36,674
Common Stock
- 1,726.025
Phantom Stock Units
→ Common Stock (1,725.025 underlying) - 15,927.904
Phantom Stock Units
→ Common Stock (15,927.904 underlying) - 25,000
Option
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (25,000 underlying) - 18,000
Option
Exercise: $73.19From: 2007-02-10Exp: 2014-02-10→ Common Stock (18,000 underlying) - 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) - 33,000
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (33,000 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) - 27,417
Option
Exercise: $29.20From: 2012-04-01Exp: 2021-04-01→ Common Stock (27,417 underlying)
Footnotes (8)
- [F1]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 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.
- [F3]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.
- [F4]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. Reflects settlement of one-half in cash on March 31, 2011. Remainder will be settled on March 31, 2012, unless settled earlier due to the executive's death.
- [F5]Reflects cash settlement of salary shares on April 5, 2011 based on closing stock price on the date of TARP repayment, March 30, 2011.
- [F6]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
- [F7]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
- [F8]Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeother
Related Parties
1- filerCIK 0001323718
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 8:04 AM ET
- Size
- 22.4 KB