ARRIETA JORGE 4
4 · SUNTRUST BANKS INC · Filed Feb 26, 2019
Insider Transaction Report
Form 4
ARRIETA JORGE
CEVP & General Auditor
Transactions
- Sale
Common Stock
2019-02-25$66.25/sh−4,000$265,016→ 8,661.607 total
Holdings
- 924.116
Phantom Stock Units
→ Common Stock (924.116 underlying) - 412.25
Phantom Stock Units
From: 2020-02-13→ Common Stock (412.25 underlying) - 641.378
Phantom Stock Units
From: 2020-02-08→ Common Stock (641.378 underlying) - 431.93
Phantom Stock Units
From: 2020-02-14Exp: 2020-09-21→ Common Stock (431.93 underlying) - 582.897
Phantom Stock Units
From: 2019-02-09→ Common Stock (582.897 underlying) - 5,532.27
Phantom Stock Units
From: 2019-12-31Exp: 2019-12-31→ Common Stock (5,532.27 underlying) - 412.25
Phantom Stock Units
From: 2021-02-13→ Common Stock (412.25 underlying) - 641.378
Phantom Stock Units
From: 2021-02-08→ Common Stock (641.378 underlying) - 641.378
Phantom Stock Units
From: 2022-02-08→ Common Stock (641.378 underlying)
Footnotes (5)
- [F1]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.
- [F2]Represents time-vested restricted stock units under the 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award areements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares.
- [F3]Represents time-vested restricted stock units granted on February 13, 2018 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.
- [F4]Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation 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.
- [F5]Represents performance-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the satisfaction of EPS/ROTCE/TSR performance conditions. Performance resulted in the award vesting at 140% of target; because 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 The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares.