Koebler Ellen 4

Accession 0001225208-20-002545

CIK 0000092230other

View on SEC.gov Company Profile

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 3:24 PM ET

Size

29.9 KB

Accession

0001225208-20-002545

Insider Transaction Report

Form 4

Period: 2020-02-13

TRUIST FINANCIAL CORPTFC

Koebler Ellen

Deputy Chief Risk Officer

Transactions

Tax Payment
Common Stock
2020-02-14$54.94/sh−7,713$423,752→ 26,859 total
Exercise/Conversion
Restricted Stock Unit
2020-02-14−19,329→ 2,804 total
From: 2020-02-14Exp: 2020-02-14→ Common Stock (19,329 underlying)
Tax Payment
Common Stock
2020-02-13$54.82/sh−549$30,096→ 14,078 total
Exercise/Conversion
Restricted Stock Units
2020-02-13−1,822→ 0 total
From: 2020-02-13Exp: 2020-02-13→ Common Stock (1,822 underlying)
Exercise/Conversion
Common Stock
2020-02-14$54.94/sh+2,123$116,638→ 35,530 total
Exercise/Conversion
Common Stock
2020-02-13$54.82/sh+1,822$99,882→ 14,627 total
Exercise/Conversion
Common Stock
2020-02-14$54.94/sh+19,329$1,061,935→ 33,407 total
Tax Payment
Common Stock
2020-02-14$54.94/sh−958$52,633→ 34,572 total
Exercise/Conversion
Restricted Stock Units
2020-02-14−2,123→ 0 total
From: 2020-02-14Exp: 2020-02-14→ Common Stock (2,123 underlying)

Holdings

Restricted Stock Unit
From: 2021-02-13Exp: 2021-02-13→ Common Stock (16,858 underlying)
16,858
Restricted Stock Units
From: 2022-02-08Exp: 2022-02-08→ Common Stock (9,798 underlying)
9,798
Restricted Stock Units
From: 2021-02-08Exp: 2021-02-08→ Common Stock (9,798 underlying)
9,798
Restricted Stock Units
From: 2022-10-01Exp: 2022-10-01→ Common Stock (48,220 underlying)
48,220
Restricted Stock Units
From: 2020-11-14Exp: 2020-11-14→ Common Stock (5,755 underlying)
5,755
Restricted Stock Units
From: 2021-11-14Exp: 2021-11-14→ Common Stock (5,753 underlying)
5,753
Restricted Stock Units
From: 2021-02-13Exp: 2021-02-13→ Common Stock (1,821 underlying)
1,821

Footnotes (12)

[F1]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.
[F10]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.
[F11]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.
[F12]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]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.
[F3]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.
[F4]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 17,091.215 shares of SunTrust common stock.
[F5]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.
[F6]These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 13,017.672 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 1,405.894 shares of SunTrust common stock.

Documents

1 file

4
doc4.xmlPrimary

Issuer

TRUIST FINANCIAL CORP

CIK 0000092230

→

Entity typeother

Related Parties

filerCIK 0001675053

Filing Metadata

Form type: 4
Filed: Feb 17, 7:00 PM ET
Accepted: Feb 18, 3:24 PM ET
Size: 29.9 KB

View on SEC.gov