KIMBROUGH HARDIE B. JR 4
4 · REGIONS FINANCIAL CORP · Filed Apr 5, 2021
Insider Transaction Report
Form 4
KIMBROUGH HARDIE B. JR
Controller
Transactions
- Award
Performance Stock Units (2021)
2021-04-01+4,776→ 4,776 total→ Common Stock (7,164 underlying) - Award
Restricted Stock Units
2021-04-01+4,776→ 19,129 totalExercise: $0.00→ Common Stock (4,776 underlying)
Footnotes (5)
- [F1]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.
- [F2]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, 2021, through December 31, 2023.
- [F3]The performance stock units will be settled in shares of common stock as of April 1, 2024, subject to a service requirement and performance thresholds and goals and subject to earlier vesting in whole or in part under certain conditions.
- [F4]Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends.
- [F5]The restricted stock units will be settled in shares of common stock as of April 1, 2024, subject to a service requirement and performance thresholds and subject to earlier vesting in whole or in part under certain conditions.