Cheriyan Anil T 4

4 · SUNTRUST BANKS INC · Filed Feb 23, 2018

Form 4

Period: 2018-02-21

Former Corp Ex Vice Pres & CIO

Transactions

Exercise/Conversion
Common Stock
2018-02-21$71.45/sh+5,215.04$372,615→ 134,132.149 total
Tax Payment
Common Stock
2018-02-21$71.45/sh−2,243$160,262→ 131,889,149 total
Exercise/Conversion
Phantom Stock
[F6]
2018-02-21+5,215.04→ 0 total
From: 2017-02-21Exp: 2018-02-21→ Common Stock (5,215.04 underlying)

Holdings

Common Stock
[F2]
(indirect: By 401(k))
123.012
Phantom Stock
[F1]
From: 2019-02-09Exp: 2019-02-09→ Common Stock (3,459 underlying)
3,459
Option
[F4]
Exercise: $23.68From: 2014-04-24Exp: 2022-04-24→ Common Stock (24,692 underlying)
24,692
Option
[F4][F3]
Exercise: $23.68Exp: 2022-04-24→ Common Stock (49,383 underlying)
49,383
Option
[F4]
Exercise: $27.41From: 2014-02-26Exp: 2023-02-26→ Common Stock (11,464 underlying)
11,464
Option
[F4]
Exercise: $27.41From: 2015-02-26Exp: 2023-02-26→ Common Stock (11,464 underlying)
11,464
Option
[F4]
Exercise: $27.41From: 2016-02-26Exp: 2023-02-26→ Common Stock (11,465 underlying)
11,465
Phantom Stock
[F5]
From: 2018-02-14Exp: 2020-02-14→ Common Stock (6,062.257 underlying)
3,995.24

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 os share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
[F3]Award vests pro rata annually over three years.
[F4]Granted under the SunTrust Banks, inc. 2009 Stock Plan. One third of the award vests each year for three years.
[F5]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 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.
[F6]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.

Signature

Curt Phillips, Attorney-in-Fact for Anil T. Cheriyan|2018-02-23

Documents

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