SUNTRUST BANKS INC 4
4 · SUNTRUST BANKS INC · Filed Apr 28, 2011
Insider Transaction Report
Form 4
PRINCE LARRY L
Director
Transactions
- Award
Phantom Stock Units
2011-04-26$27.50/sh+109.091$3,000→ 26,676.693 total→ Common Stock (109.091 underlying)
Holdings
- 2,000
Option
Exercise: $54.28From: 2003-02-11Exp: 2013-02-11→ Common Stock (2,000 underlying) - 22,000
Common Stock
- 21,090(indirect: By Spouse)
Common Stock
- 2,000
Option
Exercise: $64.57From: 2001-11-13Exp: 2011-11-13→ Common Stock (2,000 underlying) - 9,341.354
Phantom Stock
→ Common Stock (9,341.354 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.