SEC Form 4 · accession 0000750556-18-000143
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Voorhees
Director
Period of report
May 4, 2018
Accepted (ET)
May 7, 2018 · 5:41 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 StockF1 | May 4, 2018 | P | 6,000 | $65.96 | A | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 665 | 665 | D |
| Restricted Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 1,851 | 1,851 | D |
Explanation of responses
- F1Represents weighted average price; the shares were purchased through three transactions on the same day at prices ranging from $65.60 per share to $66.58 per share.
- F2The Restricted Stock Units were accrued under the SunTrust Banks, Inc. Directors Deferred Compensation Plan and are to be settled upon the reporting person's retirement. Directors' fees are deferred into this plan and are accounted for as if invested in SunTrust Common Stock. These securities convert to common stock on a one-for-one basis.
- F3Restricted Stock Units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Payments commence following the reporting person's departure from the Board of Directors of SunTrust Banks, Inc. These securities convert to common stock on a one-for-one basis.