4//SEC Filing
Freeman Thomas E 4
Accession 0000750556-18-000058
CIK 0000750556other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:20 PM ET
Size
16.2 KB
Accession
0000750556-18-000058
Insider Transaction Report
Form 4
Freeman Thomas E
Corp. EVP & Chief Credit Off.
Transactions
- Exercise/Conversion
Phantom Stock
2018-02-15−27,942.524→ 0 totalFrom: 2018-02-13→ Common Stock (27,942.524 underlying) - Exercise/Conversion
Common Stock
2018-02-15$67.48/sh+27,942.524$1,885,562→ 195,596.758 total - Tax Payment
Common Stock
2018-02-15$67.48/sh−12,672$855,107→ 182,924.758 total
Holdings
- 1,589.159
Phantom Stock Units
→ Common Stock (1,589.159 underlying) - 3,804.746
Phantom Stock
From: 2018-02-14Exp: 2020-02-14→ Common Stock (5,773.578 underlying) - 5,602.132
Phantom Stock
From: 2017-02-21Exp: 2018-02-21→ Common Stock (5,602.132 underlying) - 650.176(indirect: By 401(k))
Common Stock
- 22,618
Phantom Stock
From: 2019-02-09Exp: 2019-02-09→ Common Stock (22,618 underlying)
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
Issuer
SUNTRUST BANKS INC
CIK 0000750556
Entity typeother
Related Parties
1- filerCIK 0001352118
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:20 PM ET
- Size
- 16.2 KB