REGIONS FINANCIAL CORP 4
4 · REGIONS FINANCIAL CORP · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Performance Stock Units (2015)
2015-04-01+20,833→ 20,833 totalExercise: $0.00→ Common Stock (31,249.5 underlying) - Award
Restricted Stock Units
2015-04-01+20,833→ 91,291 totalExercise: $0.00→ Common Stock (20,833 underlying)
Holdings
- 1,276.664(indirect: By Trust)
Common Stock
- 4,006.838(indirect: Indirect - By 401 (k) Supplemental Plan)
Common Stock (phantom stock)
- 2,249.622(indirect: By 401(k))
Common Stock
- 1,000(indirect: By Spouse)
Depositary Shares Representing Series A Preferred Stock
- 87,194
Common Stock
Footnotes (7)
- [F1]2,001 shares held and previously reported in the form of indirect ownership by living trust were transferred to direct ownership, thereby decreasing indirect ownership by living trust and increasing direct ownership, each by 2,001 shares.
- [F2]Expressed as ownership units in the plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock.
- [F3]Each performance stock unit is the economic equivalent of up to one and one-half shares of Regions Financial Corporation common stock with deemed reinvestment of dividends.
- [F4]The target number of shares underlying the performance stock units is equal to the number of units. The actual number of underlying shares could range from 0% to 150% of the target amount depending on the level of company achievement of performance goals during the performance period from January 1, 2015, through December 31, 2017.
- [F5]The performance stock units will be settled in shares of common stock as of April 1, 2018, subject to a service requirement and subject to earlier vesting in whole or in part under certain conditions.
- [F6]Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends.
- [F7]The restricted stock units will be settled in shares of common stock as of April 1, 2018, subject to a service and a performance threshold requirement and subject to earlier vesting in whole or in part under certain conditions.