SEC Form 4 · accession 0000750556-15-000058
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford R Dinsmore
Officer — Exec Vice President
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 2:43 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 StockF4,F1 | Feb 20, 2015 | M | 2,357 | — | A | 33,906 | D | |
| Common Stock | Feb 20, 2015 | F | 787 | $41.57 | D | 33,119 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF4 | — | Feb 20, 2015 | M | 2,357 | D | Feb 21, 2015 | — | Common Stock | 2,357 | 0 | D |
| Phamton StockF4 | — | holding | — | — | — | Feb 21, 2016 | — | Common Stock | 2,315 | 2,315 | D |
| Phantom StockF4 | — | holding | — | — | — | Feb 21, 2017 | — | Common Stock | 2,316 | 2,316 | D |
| Phantom StockF5 | — | holding | — | — | — | Feb 10, 2016 | — | Common Stock | 2,380 | 2,380 | D |
| Phantom StockF5 | — | holding | — | — | — | Feb 10, 2017 | — | Common Stock | 2,380 | 2,380 | D |
| Phantom StockF5 | — | holding | — | — | — | Feb 10, 2018 | — | Common Stock | 2,381 | 2,381 | D |
| OptionF2 | $19.98 | holding | — | — | — | Aug 9, 2011 | Aug 9, 2021 | Common Stock | 6,727 | 6,727 | D |
| OptionF3 | $21.67 | holding | — | — | — | — | Feb 14, 2022 | Common Stock | 5,833 | 5,833 | D |
| OptionF3 | $27.41 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 5,848 | 5,848 | D |
| OptionF3 | $27.41 | holding | — | — | — | Feb 26, 2015 | Feb 26, 2023 | Common Stock | 5,848 | 5,848 | D |
| OptionF3 | $27.41 | holding | — | — | — | Feb 26, 2016 | Feb 26, 2023 | Common Stock | 5,848 | 5,848 | D |
Explanation of responses
- F1Includes the following shares which are subject to forteiture: 10,000 shares which vest on 4/24/2015. Includes shares acquired through reinvestment of dividends.
- F2Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan.
- F3Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. One third of the award vests each year for three years.
- F4Represents 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.
- F5Represents 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.