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4//SEC Filing

Freeman Thomas E 4

Accession 0000750556-18-000050

CIK 0000750556other
View on SEC.govCompany Profile

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 6:00 PM ET

Size

17.0 KB

Accession

0000750556-18-000050

Insider Transaction Report

Form 4
Period: 2018-02-13
SUNTRUST BANKS INCSTI
Freeman Thomas E
Corp. EVP & Chief Credit Off.
Transactions
  • Exercise/Conversion

    Common Stock

    2018-02-14$70.07/sh+1,968.832$137,956→ 168,501.234 total
  • Tax Payment

    Common Stock

    2018-02-14$70.07/sh−847$59,349→ 167,654.234 total
  • Exercise/Conversion

    Phantom Stock

    2018-02-14−1,968.832→ 3,804.746 total
    From: 2018-02-14Exp: 2020-02-14→ Common Stock (5,773.578 underlying)
  • Award

    Phantom Stock

    2018-02-13+27,942.524→ 27,942.524 total
    From: 2018-02-13→ Common Stock (27,942.524 underlying)
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: 2017-02-21Exp: 2018-02-21→ Common Stock (5,602.132 underlying)
    5,602.132
Footnotes (6)
  • [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 unit award granted on February 14th, 2017 under the SunTrust Banks, Inc 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award 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.
  • [F6]Represents performance-vested restricted stock units granted on February 10, 2015 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the satisfaction of EPS/TSR/ROTCE performance conditions. Performance resulted in the award vesting at 120% of target. The plan is exempt under Rule 16b-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy tax withholding obligations.

Documents

1 file

Issuer

SUNTRUST BANKS INC

CIK 0000750556

→
Entity typeother

Related Parties

1
  • filerCIK 0001352118

Filing Metadata

Form type
4
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 6:00 PM ET
Size
17.0 KB
View on SEC.gov