Peters Scott M. 4
4 · REGIONS FINANCIAL CORP · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Peters Scott M.
SEVP
Transactions
- Award
Restricted Stock Units
2023-04-03+17,416→ 51,536.58 total→ Common Stock (17,416 underlying) - Award
Common Stock
2023-04-01+43,733→ 101,162 total - Exercise/Conversion
Common Stock
2023-04-01+29,155→ 130,317 total - Tax Payment
Common Stock
2023-04-01$18.56/sh−32,327$599,989→ 97,990 total - Exercise/Conversion
Restricted Stock Units
2023-04-01−29,155→ 31,726.39 total→ Common Stock (29,155 underlying)
Footnotes (5)
- [F1]Performance share units vested and were settled in shares of common stock at a conversion rate of 1.5 shares of common stock for each performance share unit. The number of performance share units earned was based on the issuer meeting certain performance thresholds and goals during the period from January 1, 2020 through December 31, 2022.
- [F2]Restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2023.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock and a contingent right to receive cash on cash dividends that have been reinvested in restricted stock units.
- [F4]Includes quarterly cash dividends that were reinvested in restricted stock units.
- [F5]The restricted stock units vest on April 3, 2026, subject to a service requirement. The number of shares to be delivered upon vesting is contingent on the issuer meeting certain performance thresholds during the period from January 1, 2023 through December 31, 2025.