Filing Details
- Accession Number:
- 0000750556-19-000125
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-24 17:18:08
- Reporting Period:
- 2019-04-23
- Accepted Time:
- 2019-04-24 17:18:08
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 750556 | Suntrust Banks Inc | STI | National Commercial Banks (6021) | 581575035 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1300651 | A Mark Chancy | 303 Peachtree Street, N.e. Atlanta GA 30308 | Vice Chairman, Consumer Exec. | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-04-23 | 22,284 | $21.67 | 228,130 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-04-23 | 27,716 | $29.20 | 255,846 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-04-23 | 41,882 | $63.10 | 213,964 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Option | Disposition | 2019-04-23 | 27,716 | $29.20 | 27,716 | $29.20 |
| Common Stock | Option | Disposition | 2019-04-23 | 22,284 | $21.67 | 55,400 | $21.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2012-04-01 | 2021-04-01 | No | 4 | M | Direct |
| 33,116 | 2022-02-14 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,318 | Indirect | 401(k) |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock Units | $0.00 | 2,559 | 2,559 | Direct | ||
| Common Stock | Phantom Stock Units | $0.00 | 2020-02-09 | 2020-02-09 | 45,235 | 45,235 | Direct |
| Common Stock | Option | $27.41 | 2014-02-26 | 2023-02-26 | 14,949 | 14,949 | Direct |
| Common Stock | Option | $27.41 | 2015-02-26 | 2023-02-26 | 14,949 | 14,949 | Direct |
| Common Stock | Option | $27.41 | 2016-02-26 | 2023-02-26 | 14,948 | 14,948 | Direct |
| Common Stock | Phantom Stock Units | $0.00 | 2018-02-14 | 8,156 | 5,375 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2020-02-13 | 4,417 | 4,417 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2021-02-13 | 4,417 | 4,417 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2020-02-08 | 5,498 | 5,498 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2021-02-08 | 5,498 | 5,498 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2022-02-08 | 5,498 | 5,498 | Direct | |
| Common Stock | Phantom Stock Units | $0.00 | 2019-02-09 | 3,681 | 3,681 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2,559 | 2,559 | Direct | |
| 2020-02-09 | 45,235 | 45,235 | Direct |
| 2023-02-26 | 14,949 | 14,949 | Direct |
| 2023-02-26 | 14,949 | 14,949 | Direct |
| 2023-02-26 | 14,948 | 14,948 | Direct |
| 8,156 | 5,375 | Direct | |
| 4,417 | 4,417 | Direct | |
| 4,417 | 4,417 | Direct | |
| 5,498 | 5,498 | Direct | |
| 5,498 | 5,498 | Direct | |
| 5,498 | 5,498 | Direct | |
| 3,681 | 3,681 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.05 to $63.38, inclusive. The reporting person has provided to SunTrust Banks, Inc. full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
- Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
- Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
- The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These units convert to common stock on a one-for-one basis.
- Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
- Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
- Represents performance-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the saisfaction of EPS/ROTCE/TSR performance conditions. Performance resulted in the award vesting at 140% of target; because performance resulted in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one-year deferral The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares.
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