SEC Form 4 · accession 0000750556-19-000080
SUNTRUST BANKS INC · STI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret L Callihan
Officer — CEVP Chief HR Officer
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 9:15 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 13, 2019 | M | 1,288 | $64.65 | A | 20,658 | D | |
| Common Stock | Feb 13, 2019 | F | 358 | $64.65 | D | 20,300 | 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 UnitsF1 | — | Feb 13, 2019 | M | 1,288 | D | Feb 13, 2019 | — | Common Stock | 1,288 | 0 | D |
| Phantom Stock UnitsF1 | — | holding | — | — | — | Feb 13, 2020 | Feb 13, 2020 | Common Stock | 1,251 | 1,251 | D |
| Phantom Stock UnitsF1 | — | holding | — | — | — | Feb 13, 2021 | Feb 13, 2021 | Common Stock | 1,251 | 1,251 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | Feb 8, 2020 | — | Common Stock | 5,192 | 5,192 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | Feb 8, 2021 | — | Common Stock | 5,192 | 5,192 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | Feb 8, 2022 | — | Common Stock | 5,192 | 5,192 | D |
Explanation of responses
- F1Represents time-vested restricted stock units 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. Units will be settled in shares.
- F2Represents time-vested restricted stock units 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. Units will be settled in shares.