SEC Form 4 · accession 0000750556-19-000015
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Voorhees
Director
Period of report
Jan 3, 2019
Accepted (ET)
Jan 4, 2019 · 4:09 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 | holding | — | — | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jan 3, 2019 | A | 433 | A | — | — | Common Stock | 433 | 1,990 | D |
| Phantom StockF3 | — | holding | — | — | — | — | — | Common Stock | 1,851 | 1,851 | D |
Explanation of responses
- F1The Phantom Stock was accrued under the SunTrust Banks, Inc. Directors Deferred Compensation Plan and will 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.
- F2Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
- F3Phantom Stock 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.