SCRUGGS FRANK P JR 4
4 · SUNTRUST BANKS INC · Filed Jul 24, 2019
Insider Transaction Report
Form 4
SCRUGGS FRANK P JR
Director
Transactions
- Sale
Common Stock
2019-04-01$61.08/sh−1,000$61,075→ 7,501 total
Holdings
- 12,370.251
Phantom Stock
→ Common Stock (2,204 underlying) - 1,781.073
Phantom Stock
→ Common Stock (1,781.073 underlying)
Footnotes (2)
- [F1]Restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan and the SunTrust Banks, Inc. 2009 Stock Plan. Payments commence following the reporting person's departure from the Board of Directors of SunTrust Banks, Inc. These securities convert to common stock on a one-for-one basis.
- [F2]The phantom stock units were accrued under the SunTrust Banks, Inc. Director's Deferred Compensation Plan and are to be settled following the reporting person's retirement. Director's fees are deferred into this plan and are accounted for as if invested in SunTrust common stock. These phantom stock units convert to common stock on a one-for-one basis.