Koebler Ellen 4

Accession 0000899243-19-028858

CIK 0000092230other

View on SEC.gov Company Profile

Filed

Dec 9, 7:00 PM ET

Accepted

Dec 10, 7:52 PM ET

Size

33.4 KB

Accession

0000899243-19-028858

Insider Transaction Report

Form 4

Period: 2019-12-06

TRUIST FINANCIAL CORPTFC

Koebler Ellen

Deputy Chief Risk Officer

Transactions

Award
Restricted Stock Units
2019-12-06+9,798→ 9,798 total
From: 2021-02-08Exp: 2021-02-08→ Common Stock (9,798 underlying)
Award
Restricted Stock Units
2019-12-06+22,133→ 22,133 total
From: 2020-02-14Exp: 2020-02-14→ Common Stock (22,133 underlying)
Award
Restricted Stock Units
2019-12-06+9,798→ 9,798 total
From: 2022-02-08Exp: 2022-02-08→ Common Stock (9,798 underlying)
Award
Common Stock
2019-12-06+5,955→ 5,955 total
Award
Restricted Stock Units
2019-12-06+5,753→ 5,753 total
From: 2021-11-14Exp: 2021-11-14→ Common Stock (5,753 underlying)
Award
Restricted Stock Units
2019-12-06+1,821→ 1,821 total
From: 2021-02-13Exp: 2021-02-13→ Common Stock (1,821 underlying)
Award
Restricted Stock Units
2019-12-06+16,858→ 16,858 total
From: 2021-02-13Exp: 2021-02-13→ Common Stock (16,858 underlying)
Award
Restricted Stock Units
2019-12-06+5,755→ 5,755 total
From: 2020-11-14Exp: 2020-11-14→ Common Stock (5,755 underlying)
Award
Restricted Stock Units
2019-12-06+1,822→ 1,822 total
From: 2020-02-13Exp: 2020-02-13→ Common Stock (1,822 underlying)
Award
Restricted Stock Units
2019-12-06+9,800→ 9,800 total
From: 2020-02-08Exp: 2020-02-08→ Common Stock (9,800 underlying)
Award
Restricted Stock Units
2019-12-06+48,220→ 48,220 total
From: 2022-10-01Exp: 2022-10-01→ Common Stock (48,220 underlying)
Award
Restricted Stock Units
2019-12-06+2,124→ 2,124 total
From: 2020-02-14Exp: 2020-02-14→ Common Stock (2,124 underlying)

Footnotes (14)

[F1]Acquired in connection with the Agreement and Plan of Merger by and between SunTrust Banks, Inc. ("SunTrust") and BB&T Corporation ("BB&T"), dated February 7, 2019 and amended as of June 14, 2019 (the "Merger Agreement") pursuant to which SunTrust was merged with and into BB&T, effective December 6, 2019 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of SunTrust common stock was converted into the right to receive 1.295 shares of BB&T common stock. The closing price of BB&T common stock on the New York Stock Exchange on the effective date of the Merger was $54.24. Following and in connection with the Merger, BB&T changed its name to Truist Financial Corporation ("Truist").
[F10]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.173 shares of SunTrust common stock.
[F11]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 37,235.583 shares of SunTrust common stock.
[F12]Represents performance-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust performance-vested restricted stock unit automatically converted into a BB&T restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist restricted stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
[F13]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 17,091.215 shares of SunTrust common stock.
[F14]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 13,017.672 shares of SunTrust common stock.
[F2]Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a BB&T time-vested restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist time-vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
[F3]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 4,443.88 shares of SunTrust common stock.
[F4]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 4,442.838 shares of SunTrust common stock.
[F5]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,406.955 shares of SunTrust common stock.
[F6]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,405.894 shares of SunTrust common stock.
[F7]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,639.906 shares of SunTrust common stock.
[F8]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,567.207 shares of SunTrust common stock.
[F9]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.175 shares of SunTrust common stock.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

TRUIST FINANCIAL CORP

CIK 0000092230

→

Entity typeother

Related Parties

filerCIK 0001675053

Filing Metadata

Form type: 4
Filed: Dec 9, 7:00 PM ET
Accepted: Dec 10, 7:52 PM ET
Size: 33.4 KB

View on SEC.gov