Jones Ellen S. 4
4 · REGIONS FINANCIAL CORP · Filed Apr 3, 2018
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2018-04-01+20,833→ 62,818 total - Tax Payment
Common Stock
2018-04-02$18.58/sh−18,480$343,358→ 44,338 total - Exercise/Conversion
Common Stock
2018-04-01+20,833→ 41,985 total - Exercise/Conversion
Performance Stock Units - 2015
2018-04-01−20,833→ 0 total→ Common Stock (20,833 underlying) - Award
Performance Stock Units (2018)
2018-04-02+10,627→ 10,627 total→ Common Stock (15,940.5 underlying) - Award
Restricted Stock Units
2018-04-02+10,627→ 48,847 totalExercise: $0.00→ Common Stock (10,627 underlying) - Exercise/Conversion
Restricted Stock Units
2018-04-01−20,833→ 38,220 totalExercise: $0.00→ Common Stock (20,833 underlying)
Footnotes (7)
- [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]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, 2018, through December 31, 2020.
- [F5]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.
- [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 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.