SEC Form 4 · accession 0000750556-18-000051
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 13, 2018
Accepted (ET)
Feb 15, 2018 · 6:03 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 14, 2018 | M | 695 | $70.07 | A | 5,850 | D | |
| Common Stock | Feb 14, 2018 | F | 248 | $70.07 | D | 5,602 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | Feb 14, 2018 | M | 695 | D | Feb 14, 2018 | Feb 14, 2020 | Common Stock | 2,039 | 1,343 | D |
| Phantom StockF3 | — | Feb 13, 2018 | A | 663 | A | Feb 13, 2019 | — | Common Stock | 663 | 663 | D |
| Phantom StockF3 | — | Feb 13, 2018 | A | 663 | A | Feb 13, 2020 | — | Common Stock | 663 | 663 | D |
| Phantom StockF3 | — | Feb 13, 2018 | A | 663 | A | Feb 13, 2021 | — | Common Stoc k | 663 | 663 | 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 restricted stock unit award granted on February 14, 2017 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award will be settled in Shares of common stock. The Restricted Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares.
- F3Represents time-vested restricted stock units granted on February 13, 2018 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 tax withholding obligations.