SEC Form 4 · accession 0000750556-18-000177
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Ryan Richards
Officer — Chief Acct Officer & Corp Cont
Period of report
Jul 9, 2018
Accepted (ET)
Jul 10, 2018 · 4:56 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 | holding | — | — | — | 3,086 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3 | — | Jul 9, 2018 | A | 1,451 | A | Jun 19, 2019 | — | Common Stock | 1,451 | 1,451 | D |
| Phantom Stock UnitsF3 | — | Jul 9, 2018 | A | 1,451 | A | Jun 19, 2020 | — | Common Stock | 1,451 | 1,451 | D |
| Phantom Stock UnitsF3 | — | Jul 9, 2018 | A | 1,451 | A | Jun 19, 2021 | — | Common Stock | 1,451 | 1,451 | D |
| Phantom Stock UnitsF1 | — | holding | — | — | — | Feb 9, 2016 | Feb 10, 2019 | Common Stock | 619 | 619 | D |
| Phantom Stock UnitsF1 | — | holding | — | — | — | Feb 14, 2017 | Feb 10, 2019 | Common Stock | 380 | 380 | D |
| Phantom Stock UnitsF1 | — | holding | — | — | — | Feb 14, 2017 | Feb 10, 2020 | Common Stock | 380 | 380 | D |
| Phantom StockF2 | — | holding | — | — | — | Feb 13, 2019 | — | Common Stock | 449 | 449 | D |
| Phantom StockF2 | — | holding | — | — | — | Feb 13, 2020 | — | Common Stock | 449 | 449 | D |
| Phantom StockF2 | — | holding | — | — | — | Feb 13, 2021 | — | Common Stock | 449 | 449 | D |
Explanation of responses
- F1Represents time-vested restricted stock units granted under the 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholdings features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares.
- F2Represents 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.
- F3Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation 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.