4//SEC Filing
Starnes Clarke R III 4
Accession 0001225208-21-003685
CIK 0000092230other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:28 PM ET
Size
13.3 KB
Accession
0001225208-21-003685
Insider Transaction Report
Form 4
Starnes Clarke R III
Sr. Executive Vice President
Transactions
- Award
Common Stock
2021-02-22+13,435→ 147,465 total - Award
Common Stock
2021-02-22+4,255→ 156,016 total - Award
Common Stock
2021-02-22+4,296→ 151,761 total - Award
Common Stock
2021-02-22+3,583→ 159,599 total
Holdings
- 14,310.276(indirect: By 401(k))
Common Stock
- 37,565
Stock Option (right to buy)
Exercise: $38.22From: 2016-03-15Exp: 2025-02-24→ Common Stock (37,565 underlying) - 7,715(indirect: By IRA)
Common Stock
Footnotes (5)
- [F1]On February 20, 2018, the reporting person was granted 10,748 performance-vested restricted 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 13,435 shares being earned.
- [F2]On February 24, 2020, the reporting person was granted 17,184 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 4,296 restricted stock units being earned.
- [F3]On February 26, 2019, the reporting person was granted 12,765 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 4,255 restricted stock units being earned.
- [F4]On February 20, 2018, the reporting person was granted 10,748 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 3,583 restricted stock units being earned.
- [F5]On February 24, 2015, the reporting person was granted an option to purchase 37,565 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 12,522 options being earned.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001385101
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 7:28 PM ET
- Size
- 13.3 KB