4//SEC Filing
Gale Fournier J. III 4
Accession 0001225208-19-006388
CIK 0001281761other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 7:03 PM ET
Size
17.8 KB
Accession
0001225208-19-006388
Insider Transaction Report
Form 4
Gale Fournier J. III
SEVP & GC
Transactions
- Exercise/Conversion
Common Stock
2019-04-01+46,239→ 155,557 total - Exercise/Conversion
Common Stock
2019-04-01+36,991→ 192,548 total - Award
Performance Stock Units (2019)
2019-04-01+26,508→ 26,508 total→ Common Stock (39,762 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−36,991→ 74,363 totalExercise: $0.00→ Common Stock (36,991 underlying) - Tax Payment
Common Stock
2019-04-01$14.67/sh−36,913$541,514→ 155,635 total - Exercise/Conversion
Performance Stock Units - 2016
2019-04-01−36,991→ 0 total→ Common Stock (46,238.75 underlying) - Award
Restricted Stock Units
2019-04-01+26,508→ 111,354 totalExercise: $0.00→ Common Stock (26,508 underlying)
Holdings
- 8,000
Depositary Shares Representing Series A Preferred Stock
Footnotes (7)
- [F1]The performance stock units vested and were settled in shares of common stock as of April 1, 2019, at the conversion rate of 1.25 shares of common stock for each unit, based on the level of company achievement of performance goals during the performance period from January 1, 2016, through December 31, 2018.
- [F2]The restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis as of April 1, 2019.
- [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 thresholds and goals during the performance period from January 1, 2019, through December 31, 2021.
- [F5]The performance stock units will be settled in shares of common stock as of April 1, 2022, subject to a service requirement and performance thresholds and goals 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, 2022, subject to a service requirement and performance thresholds and subject to earlier vesting in whole or in part under certain conditions.
Documents
Issuer
REGIONS FINANCIAL CORP
CIK 0001281761
Entity typeother
Related Parties
1- filerCIK 0001514189
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 7:03 PM ET
- Size
- 17.8 KB