4//SEC Filing
KING KELLY S 4
Accession 0001664272-22-000129
CIK 0000092230other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 7:15 PM ET
Size
14.7 KB
Accession
0001664272-22-000129
Insider Transaction Report
Form 4
KING KELLY S
Chief Executive Officer
Transactions
- Award
Common Stock
2022-02-21+14,004→ 98,998.903 total - Award
Common Stock
2022-02-21+35,408→ 134,406.903 total - Award
Common Stock
2022-02-21+11,906→ 84,994.903 total
Holdings
- 302,204(indirect: By GRAT)
Common Stock
- 656.574(indirect: By 401(k))
Common Stock
- 126,258.6(indirect: By IRA)
Common Stock
- 57,398.44(indirect: By Spouse)
Common Stock
- 120,714
Stock Option (right to buy)
Exercise: $38.22From: 2016-03-15Exp: 2025-02-24→ Common Stock (120,714 underlying) - 155,555
Stock Option (right to buy)
Exercise: $32.10From: 2017-03-15Exp: 2026-02-23→ Common Stock (155,555 underlying)
Footnotes (5)
- [F1]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 2022 were met, resulting in 11,906 restricted stock units being earned.
- [F2]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 2022 were met, resulting in 14,004 restricted stock units being earned.
- [F3]On February 26, 2019, the reporting person was granted 35,719 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2019 through December 31, 2021) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at 99.13% of the Target Level of Achievement, resulting in 35,408 shares being earned.
- [F4]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.
- [F5]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.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001195189
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 7:15 PM ET
- Size
- 14.7 KB