CLEMENT DALLAS S 4
4 · SUNTRUST BANKS INC · Filed Oct 2, 2019
Insider Transaction Report
Form 4
CLEMENT DALLAS S
Director
Transactions
- Award
Phantom Stock
2019-10-01$67.49/sh+444.51$30,000→ 8,015.289 total→ Common Stock (444.51 underlying)
Holdings
- 9,619.829
Phantom Stock
→ Common Stock (9,619.829 underlying)
Footnotes (3)
- [F1]Restricted stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan and the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation 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. Directors' Deferred Compensation Plan and are to be settled upon the reporting person's retirement. Directors' 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.
- [F3]Includes shares acquired as a result of dividend reinvestment since last reported transaction.