SEC Form 4 · accession 0000750556-16-000332

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

Jul 26, 2016

Accepted (ET)

Jul 28, 2016 · 2:38 pm EDT

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	Jul 27, 2016	M	25,000	$9.06	A	170,801	D
Common Stock^F1	Jul 27, 2016	S$0	28,390	—	D	142,411	D
Common Stock^F2	holding	—	—		—	1,321	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^F7	$9.06	Jul 27, 2016	M	25,000	D	Feb 10, 2012	Feb 10, 2019	Common Stock	25,000	75,000	D
Phantom Stock^F3	—	holding	—	—	—	—	—	Common Stock	2,388	2,388	D
Phantom Stock^F4	—	holding	—	—	—	Feb 21, 2017	—	Common Stock	5,374	5,374	D
Phantom Stock^F5	—	holding	—	—	—	Feb 10, 2017	—	Common Stock	4,395	4,395	D
Phantom Stock^F5	—	holding	—	—	—	Feb 10, 2018	—	Common Stock	4,394	4,394	D
Phantom Stock^F6	—	holding	—	—	—	Feb 9, 2017	Feb 9, 2017	Common Stock	4,885	4,885	D
Phantom Stock^F6	—	holding	—	—	—	Feb 9, 2018	Feb 9, 2018	Common Stock	4,885	4,885	D
Phantom Stock^F6	—	holding	—	—	—	Feb 9, 2019	Feb 9, 2019	Common Stock	4,886	4,886	D
Phantom Stock^F6	—	holding	—	—	—	Feb 9, 2019	Feb 9, 2019	Common Stock	45,235	45,235	D
Phantom Stock^F6	—	holding	—	—	—	Feb 9, 2020	Feb 9, 2020	Common Stock	45,235	45,235	D
Option^F7	$85.06	holding	—	—	—	Feb 13, 2010	Feb 13, 2017	Common Stock	42,000	42,000	D
Option^F7	$64.58	holding	—	—	—	Feb 12, 2011	Feb 12, 2018	Common Stock	115,000	115,000	D
Option^F7	$29.54	holding	—	—	—	Dec 31, 2011	Dec 31, 2018	Common Stock	37,500	37,500	D
Option^F8	$29.20	holding	—	—	—	Apr 1, 2012	Apr 1, 2021	Common Stock	27,716	27,716	D
Option^F8	$21.67	holding	—	—	—	—	Feb 14, 2022	Common Stock	55,400	55,400	D
Option^F8	$27.41	holding	—	—	—	Feb 26, 2014	Feb 26, 2023	Common Stock	14,949	14,949	D
Option^F8	$27.41	holding	—	—	—	Feb 26, 2015	Feb 26, 2023	Common Stock	14,949	14,949	D
Option^F8	$27.41	holding	—	—	—	Feb 26, 2016	Feb 26, 2023	Common Stock	14,948	14,948	D

Explanation of responses

F1Sold at prices ranging from $42.37 to $42.636.
F2Because 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.
F3The 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.
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.
F6Represents time-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. the plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
F7Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
F8Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.