Filing Details

Accession Number:
0000750556-19-000144
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-06 17:53:07
Reporting Period:
2019-04-23
Accepted Time:
2019-05-06 17:53:07
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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
  6. 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.
  7. 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.