SEC Form 4 · accession 0001225208-15-020793
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia A Williams
Officer — Sr. Executive Vice President
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 4:25 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 | Nov 10, 2015 | M | 1,547 | $27.75 | A | 29,032 | D | |
| Common Stock | Nov 10, 2015 | M | 553 | $16.88 | A | 29,585 | D | |
| Common StockF2 | Nov 10, 2015 | S | 2,100 | $38.5381 | D | 27,485 | D | |
| Common Stock | Nov 11, 2015 | M | 1,171 | $27.75 | A | 28,656 | D | |
| Common StockF3 | Nov 11, 2015 | S | 1,171 | $38.6212 | D | 27,485 | D |
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 | $27.75 | Nov 10, 2015 | M | 1,547 | D | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 1,547 | 3,888 | D |
| Stock Option (right to buy)F5 | $16.88 | Nov 10, 2015 | M | 553 | D | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 553 | 0 | D |
| Stock Option (right to buy)F4 | $27.75 | Nov 11, 2015 | M | 1,171 | D | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 1,171 | 2,717 | D |
| Stock Option (right to buy)F6 | $44.15 | holding | — | — | — | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 6,472 | 6,472 | D |
| Stock Option (right to buy)F7 | $39.73 | holding | — | — | — | Feb 21, 2007 | Feb 21, 2016 | Common Stock | 5,772 | 5,772 | D |
| Stock Option (right to buy)F8 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 6,661 | 6,661 | D |
| Stock Option (right to buy)F9 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 4,151 | 4,151 | D |
| Stock Option (right to buy)F10 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 3,400 | 3,400 | D |
| Stock Option (right to buy)F11 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 24, 2018 | Common Stock | 8,126 | 8,126 | D |
| Stock Option (right to buy)F12 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 14,562 | 14,562 | D |
Explanation of responses
- F1Includes 47.901 shares acquired in September 2015, under the Issuer's Dividend Reinvestment Plan.
- F10On 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.
- 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 $38.500 to $38.590. 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.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $38.600 to $38.650. 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.
- F4The option is exercisable in four equal annual installments beginning on 02/23/2011.
- F5The option is exercisable in five equal annual installments beginning on 02/24/2010.
- F6The option is exercisable in five equal annual installments beginning on 2/20/2008.
- F7The option is exercisable in five equal annual installments beginning on 2/21/2007.
- F8The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F9The option is exercisable in four equal annual installments beginning on 2/22/2012.