SEC Form 4 · accession 0001225208-15-010969
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Rufus Yates
Officer — Sr. Executive Vice President
Period of report
Apr 30, 2015
Accepted (ET)
May 4, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000092230
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 30, 2015 | S | 7,211 | $38.1022 | D | 34,768 | D | |
| Common Stock | May 1, 2015 | M | 14,608 | $27.75 | A | 49,376 | D | |
| Common Stock | May 1, 2015 | M | 1,377 | $16.88 | A | 50,753 | D | |
| Common StockF3 | May 1, 2015 | S | 15,985 | $38.3678 | D | 34,768 | D | |
| Common StockF4 | holding | — | — | — | 17,683 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 1,700 | I | By ESOP | |
| Common Stock | holding | — | — | — | 13,808 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 8,192 | I | By Father | |
| Series F Nonconvertible Perpetual Preferred Stock | holding | — | — | — | 7,345 | I | By Father |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $27.75 | May 1, 2015 | M | 14,608 | D | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 14,608 | 0 | D |
| Stock Option (right to buy)F6 | $16.88 | May 1, 2015 | M | 1,377 | D | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 1,377 | 0 | D |
| Stock Option (right to buy)F7 | $44.15 | holding | — | — | — | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 11,901 | 11,901 | D |
| Stock Option (right to buy)F8 | $39.73 | holding | — | — | — | Feb 21, 2007 | Feb 21, 2016 | Common Stock | 12,368 | 12,368 | D |
| Stock Option (right to buy)F9 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 13,953 | 13,953 | D |
| Stock Option (right to buy)F10 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 11,159 | 11,159 | D |
| Stock Option (right to buy)F11 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 3,400 | 3,400 | D |
| Stock Option (right to buy)F12 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 16,019 | 16,019 | D |
| Stock Option (right to buy)F13 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 14,562 | 14,562 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $38.080 to $38.130. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F10The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F11On February 25, 2014, the reporting person was granted an option to purchase 10,204 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2015 were met, resulting in vesting of the option as to 3,400 shares.
- F12The option is exercisable in five equal annual installments beginning on 2/26/2009.
- F13The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F2Includes 0.006 shares acquired March 2015, under the Issuer's Dividend Reinvestment Plan.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $38.330 to $38.400. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4Includes 665.898 shares acquired between January 1, 2015 and March 31, 2015, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated January 1, 2015 through March 31, 2015.
- F5The option is exercisable in four equal annual installments beginning on 02/23/2011.
- F6The option is exercisable in five equal annual installments beginning on 02/24/2010.
- F7The option is exercisable in five equal annual installments beginning on 2/20/2008.
- F8The option is exercisable in five equal annual installments beginning on 2/21/2007.
- F9The option is exercisable in four equal annual installments beginning on 02/21/2013.