Home/Filings/4/0001225208-18-007236
4//SEC Filing

Horton William E 4

Accession 0001225208-18-007236

CIK 0001281761other

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 5:46 PM ET

Size

18.9 KB

Accession

0001225208-18-007236

Insider Transaction Report

Form 4
Period: 2018-04-01
Transactions
  • Award

    Performance Stock Units (2018)

    2018-04-02+10,62710,627 total
    Common Stock (15,940.5 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2018-04-0113,88930,000 total
    Exercise: $0.00Common Stock (13,889 underlying)
  • Award

    Restricted Stock Units

    2018-04-02+10,62740,627 total
    Exercise: $0.00Common Stock (10,627 underlying)
  • Exercise/Conversion

    Common Stock

    2018-04-01+13,88948,098 total
  • Exercise/Conversion

    Common Stock

    2018-04-01+13,88961,987 total
  • Tax Payment

    Common Stock

    2018-04-02$18.58/sh9,524$176,95652,463 total
  • Exercise/Conversion

    Performance Stock Units - 2015

    2018-04-0113,8890 total
    Common Stock (13,889 underlying)
Holdings
  • Common Stock (phantom stock)

    (indirect: Indirect - By 401 (k) Supplemental Plan)
    8,000.981
  • Common Stock

    (indirect: By 401(k))
    14,672.836
Footnotes (8)
  • [F1]The restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2018.
  • [F2]The performance stock units vested and were settled in shares of common stock on April 1, 2018, at the conversion rate of 1 share of common stock for each unit, based on the level of company achievement of performance goals during the performance period from January 1, 2015, through December 31, 2017.
  • [F3]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.
  • [F4]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.
  • [F5]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, 2018, through December 31, 2020.
  • [F6]The performance stock units will be settled in shares of common stock as of April 2, 2021, subject to a service requirement and subject to earlier vesting in whole or in part under certain conditions.
  • [F7]Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends.
  • [F8]The restricted stock units will be settled in shares of common stock as of April 2, 2021, subject to a service requirement and a performance threshold requirement and subject to earlier vesting in whole or in part under certain conditions.

Documents

1 file

Issuer

REGIONS FINANCIAL CORP

CIK 0001281761

Entity typeother

Related Parties

1
  • filerCIK 0001611089

Filing Metadata

Form type
4
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:46 PM ET
Size
18.9 KB