SEC Form 4 · accession 0001225208-16-038492
REGIONS FINANCIAL CORP · RF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M. Peters
Officer — SEVP
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 1:26 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 26, 2016 | M | 90,395 | $3.29 | A | 201,391 | D | |
| Common StockF1 | Aug 26, 2016 | F | 10,362 | $9.65 | D | 191,029 | D | |
| Common Stock | Aug 26, 2016 | S | 23,391 | $9.731 | D | 167,638 | D | |
| Common StockF2 | Aug 26, 2016 | F | 36,609 | $9.731 | D | 131,029 | D | |
| Common StockF3 | holding | — | — | — | 19,930 | I | By 401(k) | |
| Common Stock (phantom stock)F3 | holding | — | — | — | 88,803 | 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 26, 2016 | M | 90,395 | D | Feb 24, 2011 | Feb 23, 2019 | Common Stock | 90,395 | 13,024 | D |
Explanation of responses
- F1Price per share of shares tendered and netted, representing payment of exercise price of incentive stock options. Valued at previous day close.
- F2Price per share of shares withheld and sold, representing payment of exercise price of nonqualified options and associated tax liability. Valued at execution price.
- F3Expressed 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.