SEC Form 4 · accession 0001225208-18-004178
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
Feb 23, 2018
Accepted (ET)
Feb 26, 2018 · 5:17 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 | Feb 23, 2018 | M | 218,865 | $7.00 | A | 452,286 | D | |
| Common Stock | Feb 23, 2018 | S | 92,301 | $19.32 | D | 359,985 | D | |
| Common StockF1 | Feb 23, 2018 | F | 126,564 | $19.32 | D | 233,421 | D | |
| Common StockF2 | holding | — | — | — | 16,826 | I | By 401(k) | |
| Common Stock (phantom stock)F2 | holding | — | — | — | 19,986 | 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) | $7.00 | Feb 23, 2018 | M | 218,865 | D | Jun 22, 2011 | Jun 21, 2020 | Common Stock | 218,865 | 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.