SEC Form 4 · accession 0001225208-17-008306
REGIONS FINANCIAL CORP · RF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fournier J. Gale III
Officer — SEVP & GC
Period of report
Apr 20, 2017
Accepted (ET)
Apr 24, 2017 · 5:41 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 | Apr 20, 2017 | M | 60,000 | $7.43 | A | 205,143 | D | |
| Common Stock | Apr 20, 2017 | S | 14,498 | $13.645 | D | 190,645 | D | |
| Common StockF1 | Apr 20, 2017 | F | 45,502 | $13.645 | D | 145,143 | D | |
| Depositary Shares Representing Series A Preferred Stock | holding | — | — | — | 8,000 | D | ||
| Common StockF2 | holding | — | — | — | 4,182 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 7,400 | I | By IRA | |
| Common Stock (phantom stock)F2 | holding | — | — | — | 9,308 | 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) | $7.43 | Apr 20, 2017 | M | 60,000 | D | Mar 1, 2012 | Feb 28, 2021 | Common Stock | 60,000 | 54,065 | 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.