SUNTRUST BANKS INC 4
4 · SUNTRUST BANKS INC · Filed Jan 5, 2017
Insider Transaction Report
Form 4
IVESTER M DOUGLAS
Director
Transactions
- Award
Phantom Stock
2017-01-03$55.49/sh+450.532$25,000→ 56,827.799 total→ Common Stock (450.532 underlying)
Holdings
- 33,582.837
Phantom Stock
→ Common Stock (33,582.837 underlying) - 100,000
Common Stock
Footnotes (3)
- [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]Amount includes reinvested dividends acquired since last report.
- [F3]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.