Case Scott 4
4 · TRUIST FINANCIAL CORP · Filed Oct 4, 2022
Insider Transaction Report
Form 4
Case Scott
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2022-10-01$43.54/sh+53,419.648$2,325,891→ 82,907.422 total - Exercise/Conversion
Restricted Stock Units
2022-10-01−53,419.648→ 0 totalFrom: 2022-10-01Exp: 2022-10-01→ Common Stock (53,419.648 underlying) - Tax Payment
Common Stock
2022-10-01$43.54/sh−24,093$1,049,009→ 58,814.422 total
Footnotes (2)
- [F1]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.
- [F2]Includes shares acquired as a result of dividend reinvestment since the last reported transaction.