SEC Form 4 · accession 0001225208-16-037776
REGIONS FINANCIAL CORP · RF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. Keith Herron
Officer — SEVP
Period of report
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 9:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001281761
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 9, 2016 | M | 71,935 | $3.29 | A | 290,384 | D | |
| Common Stock | Aug 9, 2016 | M | 35,000 | $7.00 | A | 325,384 | D | |
| Common Stock | Aug 9, 2016 | S | 38,753 | $9.38 | D | 286,631 | D | |
| Common Stock | Aug 9, 2016 | F | 68,182 | $9.38 | D | 218,449 | D | |
| Common StockF1 | holding | — | — | — | 6,332 | I | By 401(k) | |
| Common Stock (phantom stock) | holding | — | — | — | 7,051 | I | By Deferred Compensation Plan | |
| Common Stock (phantom stock)F1 | holding | — | — | — | 16,902 | I | Indirect - By 401 (k) Supplemental Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.29 | Aug 9, 2016 | M | 71,935 | D | Feb 24, 2011 | Feb 23, 2019 | Common Stock | 71,935 | 0 | D |
| Stock Option (Right to Buy) | $7.00 | Aug 9, 2016 | M | 35,000 | D | Jun 22, 2011 | Jun 21, 2020 | Common Stock | 35,000 | 81,575 | D |
Explanation of responses
- F1Expressed as ownership units in the plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock.