SEC Form 4 · accession 0001225208-16-042117
REGIONS FINANCIAL CORP · RF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald G. Smith
Officer — SEVP
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:36 pm EST
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 | May 5, 2016 | G | 6,000 | $0.00 | D | 193,536 | D | |
| Common Stock | Nov 18, 2016 | M | 133,419 | $3.29 | A | 326,955 | D | |
| Common Stock | Nov 18, 2016 | M | 14,285 | $7.00 | A | 341,240 | D | |
| Common StockF1 | Nov 18, 2016 | F | 15,186 | $13.17 | D | 326,054 | D | |
| Common StockF2 | Nov 18, 2016 | S | 46,304 | $13.14 | D | 279,750 | D | |
| Common StockF3 | Nov 18, 2016 | F | 56,720 | $13.14 | D | 223,030 | D | |
| Common StockF4 | holding | — | — | — | 16,044 | I | By 401(k) | |
| Common Stock (phantom stock)F4 | holding | — | — | — | 19,052 | 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 | Nov 18, 2016 | M | 133,419 | D | Feb 24, 2011 | Feb 23, 2019 | Common Stock | 133,419 | 0 | D |
| Stock Option (Right to Buy) | $7.00 | Nov 18, 2016 | M | 14,285 | D | Jun 22, 2011 | Jun 21, 2020 | Common Stock | 14,285 | 218,865 | D |
Explanation of responses
- F1Price per share of shares delivered in payment of exercise price of incentive stock options. Valued at previous day's closing price.
- F2Weighted average execution price.
- F3Weighted average price per share of shares withheld and sold, representing payment of exercise price of nonqualified stock options and associated tax liability. Valued at execution price.
- F4Expressed 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.