SEC Form 4 · accession 0001225208-15-020489
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
Nov 4, 2015
Accepted (ET)
Nov 6, 2015 · 4:32 pm EST
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 | Nov 4, 2015 | S | 12,000 | $37.82 | D | 26,840 | D | |
| Common StockF3 | holding | — | — | — | 8,311 | 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)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 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 11,190 | 11,190 | D |
| Stock Option (right to buy)F7 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 6,324 | 6,324 | D |
| Stock Option (right to buy)F8 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 54,138 | 54,138 | D |
| Stock Option (right to buy)F9 | $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 $37.81 to $37.83. 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.
- F2Includes 150.538 shares acquired in September 2015, under the Issuer's Dividend Reinvestment Plan.
- F3Includes 118.261 shares acquired between April 1, 2015 and September 30, 2015, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated April 1, 2015 through September 30, 2015.
- 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.
- F6The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F7On 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.
- F8The option is exercisable in five equal annual installments beginning on 2/26/2009.
- F9The option is exercisable in three equal annual installments beginning on 02/26/2014.