4//SEC Filing
Herron C. Keith 4
Accession 0001225208-19-006389
CIK 0001281761other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 7:03 PM ET
Size
19.7 KB
Accession
0001225208-19-006389
Insider Transaction Report
Form 4
Herron C. Keith
SEVP
Transactions
- Tax Payment
Common Stock
2019-04-01$14.67/sh−24,465$358,902→ 234,095 total - Exercise/Conversion
Common Stock
2019-04-01+24,661→ 258,560 total - Exercise/Conversion
Performance Stock Units - 2016
2019-04-01−24,661→ 0 total→ Common Stock (30,826.25 underlying) - Award
Performance Stock Units (2019)
2019-04-01+13,254→ 13,254 total→ Common Stock (19,881 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−24,661→ 37,440 totalExercise: $0.00→ Common Stock (24,661 underlying) - Award
Restricted Stock Units
2019-04-01+13,254→ 62,101 totalExercise: $0.00→ Common Stock (13,254 underlying) - Exercise/Conversion
Common Stock
2019-04-01+30,826→ 233,899 total
Holdings
- 7,608(indirect: By Deferred Compensation Plan)
Common Stock (phantom stock)
- 6,793.732(indirect: By 401(k))
Common Stock
- 18,146.18(indirect: Indirect - By 401 (k) Supplemental Plan)
Common Stock (phantom stock)
Footnotes (8)
- [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]Expressed as ownership units in the respective 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 thresholds and goals during the performance period from January 1, 2019, through December 31, 2021.
- [F6]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.
- [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 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 0001509489
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 7:03 PM ET
- Size
- 19.7 KB