SEC Form 4 · accession 0001225208-16-040808
REGIONS FINANCIAL CORP · RF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D. Ritter
Officer — SEVP
Period of report
Oct 26, 2016
Accepted (ET)
Oct 28, 2016 · 4:39 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 | Oct 26, 2016 | M | 181,935 | $3.29 | A | 321,691 | D | |
| Common Stock | Oct 26, 2016 | S | 69,410 | $10.7325 | D | 252,281 | D | |
| Common StockF1 | Oct 26, 2016 | F | 112,525 | $10.7325 | D | 139,756 | D | |
| Common StockF2 | holding | — | — | — | 966 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 989 | I | By Spouse IRA | |
| Common Stock (phantom stock)F2 | holding | — | — | — | 1,472 | 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 | Oct 26, 2016 | M | 181,935 | D | Feb 24, 2011 | Feb 23, 2019 | Common Stock | 181,935 | 0 | D |
Explanation of responses
- F1Price per share of shares withheld and sold, representing payment of exercise price of nonqualified options and associated tax liability. Valued at execution price.
- F2Expressed 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.