WYNN PHAIL JR 4
4 · SUNTRUST BANKS INC · Filed Apr 25, 2013
Insider Transaction Report
Form 4
WYNN PHAIL JR
Director
Transactions
- Award
Phantom Stock
2013-04-23$28.30/sh+4,240$119,992→ 13,777.849 total→ Common Stock (4,240 underlying)
Holdings
- 17,611
Common Stock
- 2,902.527
Phantom Stock Units
→ Common Stock (2,902.527 underlying)
Footnotes (2)
- [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. Amount reported reflects reinvested dividends accrued since last report. The plan is exempt under Rule 16b-3.
- [F2]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. These securities convert to common stock on a one-for-one basis. Amount reported reflects reinvested dividends accrued since last report. The plan is exempt under Rule 16b-3.