4//SEC Filing
Fortin Raymond D 4
Accession 0000750556-17-000172
CIK 0000750556other
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 2:41 PM ET
Size
15.2 KB
Accession
0000750556-17-000172
Insider Transaction Report
Form 4
Fortin Raymond D
Corp. EVP & General Counsel
Transactions
- Sale
Common Stock
2017-11-07−13,000→ 532.131 total
Holdings
- 2,339
Phantom Stock
From: 2018-02-09→ Common Stock (2,339 underlying) - 33,500
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (33,500 underlying) - 1,044.268(indirect: By 401(k))
Common Stock
- 2,339
Phantom Stock
From: 2019-02-09→ Common Stock (2,339 underlying) - 3,448.514
Common Stock
From: 2017-02-21Exp: 2018-02-21→ Common Stock (3,448.514 underlying) - 2,104
Phantom Stock
From: 2018-02-10→ Common Stock (2,104 underlying) - 3,904.783
Phantom Stock
From: 2020-02-14Exp: 2020-02-14→ Common Stock (3,904.783 underlying)
Footnotes (7)
- [F1]Sold at prices ranging from $59.991 to $60.041.
- [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 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.
- [F4]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.
- [F5]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
- [F6]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.
- [F7]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
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeother
Related Parties
1- filerCIK 0001311783
Filing Metadata
- Form type
- 4
- Filed
- Nov 7, 7:00 PM ET
- Accepted
- Nov 8, 2:41 PM ET
- Size
- 15.2 KB