4//SEC Filing
SUNTRUST BANKS INC 4
Accession 0000750556-16-000266
CIK 0000750556operating
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 3:10 PM ET
Size
7.8 KB
Accession
0000750556-16-000266
Insider Transaction Report
Form 4
IVESTER M DOUGLAS
Director
Transactions
- Award
Phantom Stock
2016-04-04$36.50/sh+684.932$25,000→ 53,635.016 total→ Common Stock (684.932 underlying)
Holdings
- 30,042.952
Phantom Stock
→ Common Stock (2,916.16 underlying) - 100,000
Common Stock
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 includes reinvested dividends received since last report.
- [F2]Restricted stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan. Payments commence following the reporting person's departure from the Board of Directors of the SunTrust Banks, Inc. These securities convert to common stock on a one-for-one basis.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000750556
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 3:10 PM ET
- Size
- 7.8 KB