SEC Form 4 · accession 0001225208-16-025460
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly S King
Officer — Chairman and CEO · Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 3:57 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 | Feb 1, 2016 | G | 11,227 | $0.00 | D | 304,632 | D | |
| Common StockF2 | holding | — | — | — | 5,970 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 94,553 | I | By IRA | |
| Common StockF4 | holding | — | — | — | 57,700 | 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)F5 | $44.15 | holding | — | — | — | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 126,294 | 126,294 | D |
| Stock Option (right to buy)F6 | $39.73 | holding | — | — | — | Feb 21, 2007 | Feb 21, 2016 | Common Stock | 116,290 | 116,290 | D |
| Stock Option (right to buy)F7 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 180,789 | 180,789 | D |
| Stock Option (right to buy)F8 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 126,372 | 126,372 | D |
| Stock Option (right to buy)F9 | $27.75 | holding | — | — | — | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 164,062 | 164,062 | D |
| Stock Option (right to buy)F10 | $16.88 | holding | — | — | — | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 46,216 | 46,216 | D |
| Stock Option (right to buy)F11 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 23,867 | 23,867 | D |
| Stock Option (right to buy)F12 | $34.29 | holding | — | — | — | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 162,415 | 162,415 | D |
| Stock Option (right to buy)F13 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 101,806 | 101,806 | D |
Explanation of responses
- F1Includes 3,304.523 shares acquired between September 2015 and December 2015, under the Issuer's Dividend Reinvestment Plan.
- F10The option is exercisable in five equal annual installments beginning on 02/24/2010.
- F11On February 25, 2014, the reporting person was granted an option to purchase 71,611 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 23,867 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 120.254 shares acquired between April 1, 2015 and December 31, 2015, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated April 1, 2015 through December 31, 2015.
- F3Includes 1,354.320 shares acquired between September 2015 and December 2015, under Dividend Reinvestment Plans.
- F4Includes 828.492 shares acquired between September 2015 and December 2015, under the Issuer's Dividend Reinvestment Plan.
- 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 on 2/22/2012.
- F9The option is exercisable in four equal annual installments beginning on 02/23/2011.