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4//SEC Filing

SUNTRUST BANKS INC 4

Accession 0000750556-17-000055

CIK 0000750556operating
View on SEC.govCompany Profile

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 3:21 PM ET

Size

28.5 KB

Accession

0000750556-17-000055

Insider Transaction Report

Form 4
Period: 2017-02-21
SUNTRUST BANKS INCSTI
Fortin Raymond D
Corp. EVP & General Counsel
Transactions
  • Award

    Phantom Stock

    2017-02-21+25,870.319→ 25,870.319 total
    From: 2017-02-21Exp: 2018-01-21→ Common Stock (25,870.319 underlying)
  • Exercise/Conversion

    Common Stock

    2017-02-21−22,421.805→ 3,448.514 total
    From: 2017-02-21Exp: 2018-02-21→ Common Stock (22,421.805 underlying)
  • Exercise/Conversion

    Common Stock

    2017-02-21$59.79/sh+2,463.381$147,286→ 31,619.499 total
  • Sale

    Common Stock

    2017-02-23−10,000→ 11,483.499 total
  • Exercise/Conversion

    Phantom Stock

    2017-02-21−2,463.381→ 0 total
    From: 2017-02-21→ Common Stock (2,463.381 underlying)
  • Tax Payment

    Common Stock

    2017-02-21$59.79/sh−9,012$538,827→ 22,607.499 total
  • Exercise/Conversion

    Common Stock

    2017-02-21$59.79/sh+22,421.805$1,340,600→ 29,156.118 total
  • Tax Payment

    Common Stock

    2017-02-21$59.79/sh−1,124$67,204→ 21,483.499 total
Holdings

  • Phantom Stock

    From: 2019-02-09→ Common Stock (2,339 underlying)
    2,339

  • Option

    Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (33,500 underlying)
    33,500

  • Phantom Stock

    From: 2017-02-21Exp: 2017-02-21→ Common Stock (8,623.44 underlying)
    8,623.44

  • Phantom Stock

    From: 2018-02-10→ Common Stock (2,104 underlying)
    2,104

  • Phantom Stock

    From: 2018-02-09→ Common Stock (2,339 underlying)
    2,339

  • Phantom Stock

    From: 2020-02-14Exp: 2020-02-14→ Common Stock (3,904.783 underlying)
    3,904.783

  • Common Stock

    (indirect: By 401(k))
    1,046.535
Footnotes (9)
  • [F1]Sold at prices ranging from $59.77 to $59.80.
  • [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]Represents time-vested phantom stock granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. The restricted stock unit agreements contain tax withholding provisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares.
  • [F4]Represents time-vested restricted stock units granted on February 10, 2015 under the 2009 Stock Plan. the Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.
  • [F5]Represents time-vested restricted stock units granted on February 9, 2016 under the 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.
  • [F6]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
  • [F7]Represents restricted stock unit award granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Transaction represents the satisfaction of EPS/TSR/ROTCE performance conditions. The Restricted Stock Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares. Award will vest on February 21, 2017 and will be settled in shares of common stock.
  • [F8]Represents time-vested restricted stock unit award granted on February 14, 2017 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award will vest on February 14, 2020 and will be settled in Shares of common stock. The Restricted Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares.
  • [F9]Represents performance stock which was granted on February 21, 2014 and which vested on February 21, 2017. Award is settled in common stock. Because exceptional performance resulted in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one year deferral.

Documents

1 file

Issuer

SUNTRUST BANKS INC

CIK 0000750556

→
Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000750556

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 3:21 PM ET
Size
28.5 KB
View on SEC.gov