Freeman Thomas E 4

Accession 0000750556-18-000037

CIK 0000750556other

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 5:05 PM ET

Size

26.0 KB

Accession

0000750556-18-000037

Form 4

Period: 2018-02-09

Corp. EVP & Chief Credit Off.

Transactions

Exercise/Conversion
Common Stock
2018-02-09$67.48/sh+3,225.423$217,652→ 151,598.133 total
Exercise/Conversion
Common Stock
2018-02-09$67.48/sh+3,618.495$244,176→ 153,786.628 total
Exercise/Conversion
Common Stock
2018-02-09$67.48/sh+23,667.774$1,597,101→ 176,440.402 total
Tax Payment
Common Stock
2018-02-09$67.48/sh−9,908$668,592→ 166,532.402 total
Exercise/Conversion
Phantom Stock
2018-02-09−3,325.423→ 0 total
From: 2018-02-09Exp: 2018-02-09→ Common Stock (3,325.423 underlying)
Exercise/Conversion
Phantom Stock
2018-02-09−3,618.495→ 0 total
From: 2019-02-09Exp: 2019-02-09→ Common Stock (3,618.495 underlying)
Exercise/Conversion
Phantom Stock
2018-02-09−23,667.774→ 0 total
From: 2018-02-09Exp: 2018-02-09→ Common Stock (23,667.774 underlying)
Tax Payment
Common Stock
2018-02-09$67.48/sh−1,430$96,496→ 150,168.133 total
Tax Payment
Common Stock
2018-02-09$67.48/sh−1,014$68,425→ 152,772.628 total

Holdings

Common Stock
(indirect: By 401(k))
650.176
Phantom Stock Units
→ Common Stock (1,589.159 underlying)
1,589.159
Phantom Stock
From: 2019-02-09Exp: 2019-02-09→ Common Stock (22,618 underlying)
22,618
Phantom Stock
From: 2020-02-14Exp: 2020-02-14→ Common Stock (5,773.578 underlying)
5,773.578
Phantom Stock
From: 2017-02-21Exp: 2018-02-21→ Common Stock (5,602.132 underlying)
5,602.132

Footnotes (5)

[F1]Represents time-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
[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]The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.
[F4]Represents time-vested restricted stock uit award granted on February 14th, 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 share of common stock. The restricted unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligtions by netting shares.
[F5]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

SUNTRUST BANKS INC

CIK 0000750556

Entity typeother