4//SEC Filing
KING KELLY S 4
Accession 0001225208-21-003682
CIK 0000092230other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:27 PM ET
Size
17.8 KB
Accession
0001225208-21-003682
Insider Transaction Report
Form 4
KING KELLY S
Chief Executive Officer
Transactions
- Award
Common Stock
2021-02-22+11,907→ 110,079.62 total - Award
Common Stock
2021-02-22+9,793→ 119,872.62 total - Award
Common Stock
2021-02-22+36,720→ 84,168.62 total - Award
Common Stock
2021-02-22+14,004→ 98,172.62 total
Holdings
- 57,359.617(indirect: By Spouse)
Common Stock
- 71,611
Stock Option (right to buy)
Exercise: $37.55From: 2015-02-25Exp: 2024-02-25→ Common Stock (71,611 underlying) - 122,388.892(indirect: By IRA)
Common Stock
- 155,555
Stock Option (right to buy)
Exercise: $32.10From: 2017-03-15Exp: 2026-02-23→ Common Stock (155,555 underlying) - 120,714
Stock Option (right to buy)
Exercise: $38.22From: 2016-03-15Exp: 2025-02-24→ Common Stock (120,714 underlying) - 356,827(indirect: By GRAT)
Common Stock
Footnotes (10)
- [F1]On February 20, 2018, the reporting person was granted 29,376 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2018 through December 31, 2020) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at greater than the Target Level of Achievement, resulting in 36,720 shares being earned.
- [F10]On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned.
- [F2]Includes 164.140 shares acquired between September 2020 and December 2020, under the Issuer's Dividend Reinvestment Plan.
- [F3]On February 24, 2020, the reporting person was granted 56,016 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2021 were met, resulting in 14,004 restricted stock units being earned.
- [F4]On February 26, 2019, the reporting person was granted 35,719 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2021 were met, resulting in 11,907 restricted stock units being earned.
- [F5]On February 20, 2018, the reporting person was granted 29,376 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2019, 2020, and 2021. The performance criteria for 2021 were met, resulting in 9,793 restricted stock units being earned.
- [F6]Includes 2,541.494 shares acquired between September 2020 and December 2020, under the Dividend Reinvestment Plans.
- [F7]Includes 25.159 shares acquired between September 2020 and December 2020, under the Issuer's Dividend Reinvestment Plan.
- [F8]On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned.
- [F9]On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in 23,873 options being earned.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001195189
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 7:27 PM ET
- Size
- 17.8 KB