SEC Form 4 · accession 0000750556-17-000025
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan S Johnson
Officer — Corporate Executive Vice Pres
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 5:09 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 | Feb 9, 2017 | M | 1,250 | $57.73 | A | 3,198 | D | |
| Common Stock | Feb 9, 2017 | F | 484 | $57.73 | D | 2,714 | D | |
| Common Stock | Feb 10, 2017 | M | 1,149 | $57.76 | A | 3,863 | D | |
| Common Stock | Feb 10, 2017 | F | 400 | $57.76 | D | 3,463 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3 | — | Feb 10, 2017 | M | 1,149 | D | Feb 10, 2017 | — | Common Stock | 1,149 | 0 | D |
| Phantom StockF1 | — | Feb 9, 2017 | M | 1,250 | D | Feb 9, 2017 | Feb 9, 2017 | Common Stock | 1,250 | 0 | D |
| Phantom StockF2 | — | holding | — | — | — | Aug 12, 2017 | Aug 12, 2024 | Common Stock | 2,279 | 2,279 | D |
| Phantom StockF3 | — | holding | — | — | — | Feb 10, 2018 | — | Common Stock | 1,098 | 1,098 | D |
| Phantom StockF1 | — | holding | — | — | — | Feb 9, 2018 | Feb 9, 2018 | Common Stock | 1,221 | 1,221 | D |
| Phantom StockF1 | — | holding | — | — | — | Feb 9, 2019 | Feb 9, 2019 | Common Stock | 1,222 | 1,222 | D |
Explanation of responses
- F1Represents 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-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
- F2Represents time-vested phantom stock granted on August 12, 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 privisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares.
- F3Represents 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.