4//SEC Filing
Thompson Joseph M 4
Accession 0001664272-22-000197
CIK 0000092230other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 6:09 PM ET
Size
9.2 KB
Accession
0001664272-22-000197
Insider Transaction Report
Form 4
Thompson Joseph M
Sr. Executive Vice President
Transactions
- Tax Payment
Common Stock
2022-03-15$58.02/sh−1,160$67,303→ 54,457.937 total
Holdings
- 1,614.909
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (1,614.909 underlying) - 65,399.07
Restricted Stock Units
Exercise: $0.00From: 2022-10-01Exp: 2022-10-01→ Common Stock (65,399.07 underlying)
Footnotes (4)
- [F1]Represents phantom stock units under the SunTrust Banks, Inc. Deferred Compensation Plan. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust phantom stock unit automatically converted into a Truist phantom stock unit in respect of shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. Each Truist phantom stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust phantom stock unit immediately prior to the effective time of the Merger.
- [F2]Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
- [F3]Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a Truist time-vested restricted stock unit convertible into shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. Each Truist time-vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
- [F4]Includes 0.452 shares acquired (after withholding for taxes) as a result of dividend equivalents being paid on a prior performance unit award that distributed on February 11, 2022, which was the record date for Truist's first quarter dividend.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001788989
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 6:09 PM ET
- Size
- 9.2 KB