SEC Form 4 · accession 0001225208-16-028271

TRUIST FINANCIAL CORP · TFC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Christopher L Henson

Officer — Chief Operating Officer

Period of report

Feb 23, 2016

Accepted (ET)

Feb 25, 2016 · 3:32 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 Stock^F1	Feb 23, 2016	A	8,439	$0.00	A	152,256	D
Common Stock^F2	Feb 23, 2016	A	8,265	$0.00	A	160,521	D
Common Stock^F3	Feb 23, 2016	A	2,052	$0.00	A	162,573	D
Common Stock	holding	—	—		—	36,694	I	By 401(k)
Common Stock	holding	—	—		—	3	I	By Custodian for Child - Kristen
Common Stock	holding	—	—		—	3	I	By Custodian for Child - Sydney
Common Stock	holding	—	—		—	8,594	I	By IRA

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	$37.55	Feb 23, 2016	A	9,921	A	Feb 25, 2015	Feb 25, 2024	Common Stock	9,921	19,841	D
Stock Option (right to buy)^F5	$38.22	Feb 23, 2016	A	16,458	A	Mar 15, 2016	Feb 24, 2025	Common Stock	16,458	16,458	D
Stock Option (right to buy)^F6	$44.15	holding	—	—	—	Feb 20, 2008	Feb 20, 2017	Common Stock	52,362	52,362	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	71,875	71,875	D
Stock Option (right to buy)^F10	$34.29	holding	—	—	—	Feb 26, 2009	Feb 26, 2018	Common Stock	73,295	73,295	D
Stock Option (right to buy)^F11	$30.08	holding	—	—	—	Feb 26, 2014	Feb 26, 2023	Common Stock	42,233	42,233	D

Explanation of responses

F1On February 24, 2015, the reporting person was granted 25,320 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2016, 2017, and 2018. The performance criteria for 2016 were met, resulting in vesting of 8,439 restricted stock units.
F10The option is exercisable in five equal annual installments beginning on 2/26/2009.
F11The option is exercisable in three equal annual installments beginning on 02/26/2014.
F2On February 25, 2014, the reporting person was granted 24,793 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year February 25, 2015, 2016, and 2017. The performance criteria for 2016 were met, resulting in vesting of 8,265 restricted stock units.
F3Performance Based Restricted Stock Units granted February 26, 2013 on which the performance criteria has been met. The shares will vest on February 26, 2016.
F4On 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 2016 were met, resulting in vesting of the option as to 9,921 shares.
F5On February 24, 2015, the reporting person was granted an option to purchase 49,375 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year March 15, 2016, 2017, and 2018. The performance criteria for 2016 were met, resulting in vesting of the option as to 16,458 shares.
F6The option is exercisable in five equal annual installments beginning on 2/20/2008.
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.