SEC Form 4 · accession 0001225208-15-012686
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ricky Brown
Officer — Sr. Executive Vice President
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 4:20 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 | May 20, 2015 | M | 26,110 | $16.88 | A | 202,650 | D | |
| Common StockF2 | May 20, 2015 | S | 26,110 | $39.5596 | D | 176,540 | D | |
| Common StockF3 | holding | — | — | — | 47,537 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 287 | I | By Spouse |
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)F4 | $16.88 | May 20, 2015 | M | 26,110 | D | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 26,110 | 0 | D |
| Stock Option (right to buy)F5 | $44.15 | holding | — | — | — | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 52,362 | 52,362 | D |
| Stock Option (right to buy)F6 | $39.73 | holding | — | — | — | Feb 21, 2007 | Feb 21, 2016 | Common Stock | 34,887 | 34,887 | D |
| Stock Option (right to buy)F7 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 73,776 | 73,776 | D |
| Stock Option (right to buy)F8 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 57,010 | 57,010 | D |
| Stock Option (right to buy)F9 | $27.75 | holding | — | — | — | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 71,062 | 71,062 | D |
| Stock Option (right to buy)F10 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 9,920 | 9,920 | D |
| Stock Option (right to buy)F11 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 73,295 | 73,295 | D |
| Stock Option (right to buy)F12 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 42,233 | 42,233 | D |
Explanation of responses
- F1Includes 6.585 shares acquired in March 2015, under the Issuer's Dividend Reinvestment Plan.
- F10On February 25, 2014, the reporting person was granted an option to purchase 29,763 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 9,920 shares.
- F11The option is exercisable in five equal annual installments beginning on 2/26/2009.
- F12The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $39.520 to $39.590. 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.
- F3Includes 1,127.596 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 plan statements dated January 1, 2015 through March 31, 2015.
- F4The option is exercisable in five equal annual installments beginning on 02/24/2010.
- F5The option is exercisable in five equal annual installments beginning on 2/20/2008.
- F6The option is exercisable in five equal annual installments beginning on 2/21/2007.
- F7The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F8The option is exercisable in four equal annual installments beginning 2/22/2012.
- F9The option is exercisable in four equal annual installments beginning on 02/23/2011.