HILL C T 4
4 · SUNTRUST BANKS INC · Filed Feb 16, 2012
Insider Transaction Report
Form 4
HILL C T
Corp. Executive Vice President
Transactions
- Tax Payment
Common Stock
2012-02-13$22.03/sh−8,243$181,593→ 77,376 total
Holdings
- 463.61
Phantom Stock
→ Common Stock (463.61 underlying) - 20,904.448(indirect: By 401(k))
Common Stock
- 186,128
Option
Exercise: $9.06From: 2012-02-10Exp: 2019-02-10→ Common Stock (186,128 underlying) - 19,000
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (19,000 underlying) - 18,882
Option
Exercise: $29.20From: 2012-04-01Exp: 2021-04-01→ Common Stock (18,882 underlying) - 7,159
Phamton Stock
→ Common Stock (7,159 underlying) - 15,000
Option
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (15,000 underlying) - 18,000
Option
Exercise: $73.14From: 2008-02-08Exp: 2015-02-08→ Common Stock (18,000 underlying) - 20,000
Option
Exercise: $71.03From: 2009-02-14Exp: 2016-02-08→ Common Stock (20,000 underlying) - 18,000
Option
Exercise: $73.19From: 2007-02-10Exp: 2014-02-10→ Common Stock (18,000 underlying) - 10,830.596
Phantom Stock Units
→ Common Stock (10,830.596 underlying) - 2,327.931
Phantom Stock
→ Common Stock (2,327.931 underlying) - 34,500
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (34,500 underlying) - 50,000
Option
Exercise: $29.54From: 2011-12-31Exp: 2018-12-31→ Common Stock (50,000 underlying)
Footnotes (9)
- [F1]Includes 19,370 shares of restricted stock granted under the SunTrust Banks, Inc., 2009 Stock Plan which vest on 12/16/12. Subject to certain vesting conditions. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. All plans are exempt under Rule 16(b)-3.
- [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]The reported phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These Phantom Stock Units convert to common stock on a one-for-one basis.
- [F4]The reported phantom stock units we acquired under Crestar Bank's ANEX 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. Remainder will be settled on March 31, 2012, unless settled earlier due to the executives's death.
- [F6]Reflects satisfaction of performance vesting condition (Tier 1 Capital) as of December 31, 2011 with respect to restricted stock units originally granted under the SunTrust Banks, Inc. 2009 Stock Plan on April 1, 2011. Grant was exempt pursuant to Rule 16b-3. Award remains subject to time-vesting criterion and will vest pro rata annually (i.e. one-third each year) and will vest post-retirement provided certain noncompetition and other restrictive covenants are performed.
- [F7]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
- [F8]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
- [F9]Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years.