SEC Form 4 · accession 0001225208-17-001643
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Rufus Yates
Officer — Sr. Executive Vice President
Period of report
Jan 23, 2017
Accepted (ET)
Jan 25, 2017 · 5:29 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 | Jan 23, 2017 | M | 16,019 | $34.29 | A | 30,416 | D | |
| Common Stock | Jan 23, 2017 | M | 11,901 | $44.15 | A | 42,317 | D | |
| Common Stock | Jan 23, 2017 | M | 11,159 | $27.73 | A | 53,476 | D | |
| Common StockF2 | Jan 23, 2017 | S | 39,079 | $45.354 | D | 14,397 | D | |
| Common StockF3 | holding | — | — | — | 18,412 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 1,700 | I | By ESOP | |
| Common Stock | holding | — | — | — | 13,808 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 8,192 | I | By Father | |
| Series F Nonconvertible Perpetual Preferred Stock | holding | — | — | — | 7,345 | I | By Father |
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 | Jan 23, 2017 | M | 11,901 | D | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 11,901 | 0 | D |
| Stock Option (right to buy)F5 | $27.73 | Jan 23, 2017 | M | 11,159 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 11,159 | 0 | D |
| Stock Option (right to buy)F6 | $34.29 | Jan 23, 2017 | M | 16,019 | D | Feb 26, 2009 | Feb 26, 2018 | Common Stock | 16,019 | 0 | D |
| Stock Option (right to buy)F7 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 14,562 | 14,562 | D |
| Stock Option (right to buy)F8 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 13,953 | 13,953 | D |
| Stock Option (right to buy)F9 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 6,802 | 6,802 | D |
| Stock Option (right to buy)F10 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 6,178 | 6,178 | D |
Explanation of responses
- F1Includes 0.019 shares acquired between June 2016 and December 2016, under the Issuer's Dividend Reinvestment Plan.
- F10On February 24, 2015, the reporting person was granted an option to purchase 18,535 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 6,178 shares.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $45.3000 to $45.4000. 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.
- F3Due to share price adjustments, between April 1, 2016 and December 31, 2016, the reporting person's common stock holdings, under the Issuer's 401(k) Plan were reduced by 16.957 shares. The information in this report is based on plan statements dated April 1, 2016 through December 31, 2016.
- F4The option is exercisable in five equal annual installments beginning on 2/20/2008.
- F5The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F6The option is exercisable in five equal annual installments beginning on 2/26/2009.
- F7The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F8The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F9On 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 2016 were met, resulting in vesting of the option as to 3,402 shares.
Remarks
poa.txt