SEC Form 4 · accession 0001225208-15-012520
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Wiggs
Officer — Sr. Exec. V.P.
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 4:15 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 Stock | May 18, 2015 | M | 33,569 | $30.09 | A | 90,416 | D | |
| Common Stock | May 18, 2015 | M | 7,127 | $27.73 | A | 97,543 | D | |
| Common StockF1 | May 18, 2015 | S | 40,696 | $39.221 | D | 56,847 | D | |
| Common Stock | holding | — | — | — | 8,193 | I | By 401(k) |
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)F2 | $30.09 | May 18, 2015 | M | 33,569 | D | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 33,569 | 11,190 | D |
| Stock Option (right to buy)F3 | $27.73 | May 18, 2015 | M | 7,127 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 7,127 | 0 | D |
| Stock Option (right to buy)F4 | $44.15 | holding | — | — | — | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 41,077 | 41,077 | D |
| Stock Option (right to buy)F5 | $39.73 | holding | — | — | — | Feb 21, 2007 | Feb 21, 2016 | Common Stock | 34,887 | 34,887 | D |
| Stock Option (right to buy)F6 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 6,324 | 6,324 | D |
| Stock Option (right to buy)F7 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 54,138 | 54,138 | D |
| Stock Option (right to buy)F8 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 26,952 | 26,952 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $39.210 to $39.255. 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.
- F2The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F3The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F4The option is exercisable in five equal annual installments beginning on 2/20/2008.
- F5The option is exercisable in five equal annual installments beginning on 2/21/2007.
- F6On February 25, 2014, the reporting person was granted an option to purchase 18,976 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 6,324 shares.
- F7The option is exercisable in five equal annual installments beginning on 2/26/2009.
- F8The option is exercisable in three equal annual installments beginning on 02/26/2014.