SEC Form 4 · accession 0001225208-17-001651
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
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 | 71,875 | $27.75 | A | 223,220 | D | |
| Common Stock | Jan 23, 2017 | M | 57,010 | $27.73 | A | 280,230 | D | |
| Common Stock | Jan 23, 2017 | M | 52,362 | $44.15 | A | 332,592 | D | |
| Common StockF2 | Jan 23, 2017 | S | 181,247 | $45.3802 | D | 151,345 | D | |
| Common StockF3 | holding | — | — | — | 39,029 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 3 | I | By Custodian for Child - Kristen | |
| Common StockF4 | 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)F5 | $44.15 | Jan 23, 2017 | M | 52,362 | D | Feb 20, 2008 | Feb 20, 2017 | Common Stock | 52,362 | 0 | D |
| Stock Option (right to buy)F6 | $27.73 | Jan 23, 2017 | M | 57,010 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 57,010 | 0 | D |
| Stock Option (right to buy)F7 | $27.75 | Jan 23, 2017 | M | 71,875 | D | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 71,875 | 0 | D |
| Stock Option (right to buy)F8 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 42,233 | 42,233 | D |
| Stock Option (right to buy)F9 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 73,776 | 73,776 | D |
| Stock Option (right to buy)F10 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 19,841 | 19,841 | D |
| Stock Option (right to buy)F11 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 16,458 | 16,458 | D |
Explanation of responses
- F1Includes 441.001 shares acquired in September 2016 and December 2016, under the Issuer's Dividend Reinvestment Plan.
- F10On 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.
- F11On 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.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $45.3200 to $45.4450. 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.
- F3Includes 536.685 shares acquired between July 1, 2016 and December 31, 2016, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated July 1, 2016 through December 31, 2016.
- F4Includes 0.049 shares acquired in September 2016 and December 2016, 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 four equal annual installments beginning on 2/22/2012.
- F7The option is exercisable in four equal annual installments beginning on 02/23/2011.
- F8The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F9The option is exercisable in four equal annual installments beginning on 02/21/2013.