Home/Filings/4/0001225208-20-001958
4//SEC Filing

Koebler Ellen 4

Accession 0001225208-20-001958

CIK 0000092230other

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 5:56 PM ET

Size

24.7 KB

Accession

0001225208-20-001958

Insider Transaction Report

Form 4
Period: 2020-02-07
Koebler Ellen
Deputy Chief Risk Officer
Transactions
  • Tax Payment

    Common Stock

    2020-02-07$54.27/sh2,950$160,09712,805 total
  • Exercise/Conversion

    Common Stock

    2020-02-07+9,80015,755 total
  • Exercise/Conversion

    Restricted Stock Units

    2020-02-07$54.27/sh9,800$531,8460 total
    From: 2020-02-08Exp: 2020-02-08Common Stock (9,800 underlying)
Holdings
  • Restricted Stock Unit

    From: 2021-02-13Exp: 2021-02-13Common Stock (16,858 underlying)
    16,858
  • Restricted Stock Units

    From: 2020-02-13Exp: 2020-02-13Common Stock (1,822 underlying)
    1,822
  • Restricted Stock Units

    From: 2020-11-14Exp: 2020-11-14Common Stock (5,755 underlying)
    5,755
  • Restricted Stock Units

    From: 2021-02-08Exp: 2021-02-08Common Stock (9,798 underlying)
    9,798
  • Restricted Stock Units

    From: 2022-02-08Exp: 2022-02-08Common Stock (9,798 underlying)
    9,798
  • Restricted Stock Units

    From: 2021-02-13Exp: 2021-02-13Common Stock (1,821 underlying)
    1,821
  • Restricted Stock Units

    From: 2022-10-01Exp: 2022-10-01Common Stock (48,220 underlying)
    48,220
  • Restricted Stock Units

    From: 2021-11-14Exp: 2021-11-14Common Stock (5,753 underlying)
    5,753
  • Restricted Stock Unit

    From: 2020-02-14Exp: 2020-02-14Common Stock (22,133 underlying)
    22,133
  • Restricted Stock Units

    From: 2020-02-14Exp: 2020-02-14Common Stock (2,123 underlying)
    2,123
Footnotes (15)
  • [F1]Price $54.270
  • [F10]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,405.894 shares of SunTrust common stock.
  • [F11]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,639.906 shares of SunTrust common stock.
  • [F12]The amount on the original Form 4 was overstated by 1 share due to rounding discrepancies.
  • [F13]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 37,235.583 shares of SunTrust common stock.
  • [F14]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 4,443.88 shares of SunTrust common stock.
  • [F15]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 4,442.838 shares of SunTrust common stock.
  • [F2]Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a BB&T time-vested restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist time-vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
  • [F3]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,567.207 shares of SunTrust common stock.
  • [F4]Represents performance-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust performance-vested restricted stock unit automatically converted into a BB&T restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist restricted stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
  • [F5]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 13,017.672 shares of SunTrust common stock.
  • [F6]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 17,091.215 shares of SunTrust common stock.
  • [F7]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.175 shares of SunTrust common stock.
  • [F8]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.173 shares of SunTrust common stock.
  • [F9]These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,406.955 shares of SunTrust common stock.

Documents

1 file

Issuer

TRUIST FINANCIAL CORP

CIK 0000092230

Entity typeother

Related Parties

1
  • filerCIK 0001675053

Filing Metadata

Form type
4
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:56 PM ET
Size
24.7 KB