SEC Form 4 · accession 0001225208-17-003749
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher L Henson
Officer — President and COO
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:08 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 | Feb 15, 2017 | M | 73,776 | $30.09 | A | 227,104 | D | |
| Common Stock | Feb 15, 2017 | F | 943 | $47.87 | D | 226,161 | D | |
| Common StockF1 | Feb 15, 2017 | S | 73,776 | $48.1053 | D | 152,385 | D | |
| Common Stock | Feb 15, 2017 | G | 104 | $0.00 | D | 152,281 | D | |
| Common Stock | holding | — | — | — | 39,029 | 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)F2 | $30.09 | Feb 15, 2017 | M | 73,776 | D | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 73,776 | 0 | D |
| Stock Option (right to buy)F3 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 42,233 | 42,233 | D |
| Stock Option (right to buy)F4 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 19,841 | 19,841 | D |
| Stock Option (right to buy)F5 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 16,458 | 16,458 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $48.0900 to $48.1450. 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.
- F2The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F3The option is exercisable in three equal annual installments beginning on 02/26/2014.
- 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 9,921 options being earned.
- 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 16,458 options being earned.