4//SEC Filing
SUNTRUST BANKS INC 4
Accession 0000750556-16-000300
CIK 0000750556operating
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 12:19 PM ET
Size
7.7 KB
Accession
0000750556-16-000300
Insider Transaction Report
Form 4
SCRUGGS FRANK P JR
Director
Transactions
- Award
Phantom Stock
2016-04-26$42.44/sh+2,827.521$120,000→ 5,812.828 total→ Phantom Stock (2,827.521 underlying)
Holdings
- 7,301
Common Stock
- 1,288.89
Phantom Stock
→ Phantom Stock (1,288.89 underlying)
Footnotes (2)
- [F1]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.
- [F2]The phantom stock units were accrued under the SunTrust Banks, Inc. Directr's Deferred Compensation Plan and are to be settled following the reporting person's retirement. Director's 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.
Documents
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000750556
Filing Metadata
- Form type
- 4
- Filed
- Apr 26, 8:00 PM ET
- Accepted
- Apr 27, 12:19 PM ET
- Size
- 7.7 KB