Gillani Aleem 4

Accession 0000750556-18-000072

CIK 0000750556other

View on SEC.gov Company Profile

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 12:46 PM ET

Size

18.3 KB

Accession

0000750556-18-000072

Insider Transaction Report

Form 4

Period: 2018-02-21

SUNTRUST BANKS INCSTI

Gillani Aleem

Corp. Exex. Vice Pres and CFO

Transactions

Exercise/Conversion
Common Stock
2018-02-21$71.45/sh+5,215.04$372,615→ 267,104.876 total
Exercise/Conversion
Phantom Stock
2018-02-21−5,215.04→ 0 total
From: 2017-02-21Exp: 2018-02-21→ Common Stock (5,215.04 underlying)
Tax Payment
Common Stock
2018-02-21$71.45/sh−2,243$160,262→ 264,861.876 total

Holdings

Phantom Stock
From: 2020-02-13→ Common Stock (22,084.806 underlying)
22,084.806
Common Stock
(indirect: By 401(k))
7,102.039
Common Stock
(indirect: By IRA)
400
Phantom Stock
From: 2018-02-14Exp: 2020-02-14→ Common Stock (5,773.578 underlying)
3,804.746
Common Stock
(indirect: Custodial Account)
1,500
Common Stock
(indirect: By IRA)
950
Phantom Stock
→ Common Stock (1,083.759 underlying)
1,083.759
Phantom Stock
From: 2019-02-09→ Common Stock (3,632 underlying)
3,632

Footnotes (7)

[F1]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.
[F2]Shares are held in a custodial account for the benefit of an adult familiy member over which account the reporting person has investment and voting control.
[F3]Acquired under the SunTrust Banks, Inc. Deferred Compensation Plan. These convert to common stock on a one-for-one basis.
[F4]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.
[F5]Represents performance stock which was granted on Feruary 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 130% is subject to a one year deferral.
[F6]Represents time-vested restricted stock uits granted on February 13, 2018 under the SunTrust Banks, Inc. 2009 Stock Plan. Award will vest on February 13, 2020 and will be settled in shares of common stock. The plan is exempt under Rule 16b-3. The award agreement contains tax withholding features which allow us to withhold units to satisfy tax withholding obligations.
[F7]Represents time-vested restricted stock units granted on February 14, 2017 under the SunTrust Banks, Inc. 2009 Stock Plan. 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

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

SUNTRUST BANKS INC

CIK 0000750556

→

Entity typeother

Related Parties

filerCIK 0001518495

Filing Metadata

Form type: 4
Filed: Feb 22, 7:00 PM ET
Accepted: Feb 23, 12:46 PM ET
Size: 18.3 KB

View on SEC.gov