SEC Form 4 · accession 0000750556-15-000051

SUNTRUST BANKS INC · STI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Mark A Chancy

Officer — Corp. EVP-Wholesale Bank Exec

Period of report

Feb 18, 2015

Accepted (ET)

Feb 19, 2015 · 3:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000750556

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2	Feb 18, 2015	M	25,000	$29.54	A	117,331	D
Common Stock^F1	Feb 18, 2015	S$0	6,500	—	D	110,831	D
Common Stock^F3	holding	—	—		—	1,295	I	401(k)

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option^F5	$29.54	Feb 18, 2015	M	25,000	D	Dec 31, 2011	Dec 31, 2018	Common Stock	25,000	75,000	D
Phantom Stock^F4	—	holding	—	—	—	—	—	Common Stock	2,309	2,309	D
Phantom Stock^F7	—	holding	—	—	—	Feb 21, 2015	—	Common Stock	5,373	5,373	D
Phantom Stock^F7	—	holding	—	—	—	Feb 21, 2016	—	Common Stock	5,373	5,373	D
Phantom Stock^F7	—	holding	—	—	—	Feb 21, 2017	—	Common Stock	5,374	5,374	D
Phantom Stock^F8	—	holding	—	—	—	Feb 10, 2016	—	Common Stock	4,395	4,395	D
Phantom Stock^F8	—	holding	—	—	—	Feb 10, 2017	—	Common Stock	4,395	4,395	D
Phantom Stock^F8	—	holding	—	—	—	Feb 10, 2018	—	Common Stock	4,394	4,394	D
Option^F5	$71.03	holding	—	—	—	Feb 14, 2009	Feb 14, 2016	Common Stock	45,000	45,000	D
Option^F5	$85.06	holding	—	—	—	Feb 13, 2010	Feb 13, 2017	Common Stock	42,000	42,000	D
Option^F5	$64.58	holding	—	—	—	Feb 12, 2011	Feb 12, 2018	Common Stock	115,000	115,000	D
Option^F5	$9.06	holding	—	—	—	Feb 10, 2012	Feb 10, 2019	Common Stock	145,000	145,000	D
Option^F6	$29.20	holding	—	—	—	Apr 1, 2012	Apr 1, 2021	Common Stock	27,716	27,716	D
Option^F6	$21.67	holding	—	—	—	—	Feb 14, 2022	Common Stock	55,400	55,400	D
Option^F6	$27.41	holding	—	—	—	Feb 26, 2014	Feb 26, 2023	Common Stock	14,949	14,949	D
Option^F6	$27.41	holding	—	—	—	Feb 26, 2015	Feb 26, 2023	Common Stock	14,949	14,949	D
Option^F6	$27.41	holding	—	—	—	Feb 26, 2016	Feb 26, 2023	Common Stock	14,948	14,948	D

Explanation of responses

F1Sold at prices ranging from $41.40 to $41.41.
F2Includes restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. This plan is exempt under Rule 16(b)-3.
F3Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
F4The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.
F5Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
F6Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
F7Represents time-vested phantom stock granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. The restricted stock unit agreements contain tax withholding provisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares.
F8Represents time-vested restricted stock units granted on February 10, 2015 under the 2009 Stock Plan. the Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.