SEC Form 4 · accession 0001225208-17-004345

TRUIST FINANCIAL CORP · TFC

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Barbara F Duck

Officer — Sr. Executive Vice President

Period of report

Feb 21, 2017

Accepted (ET)

Feb 23, 2017 · 4:28 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 21, 2017	A	6,107	$0.00	A	89,629	D
Common Stock^F2	Feb 21, 2017	A	4,530	$0.00	A	94,159	D
Common Stock^F3	Feb 21, 2017	A	4,276	$0.00	A	98,435	D
Common Stock	holding	—	—		—	18,043	I	By 401(k)
Common Stock	holding	—	—		—	3,612	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 21, 2017	A	5,133	A	Feb 25, 2015	Feb 25, 2024	Common Stock	5,133	15,396	D
Stock Option (right to buy)^F5	$38.22	Feb 21, 2017	A	8,834	A	Mar 15, 2016	Feb 24, 2025	Common Stock	8,834	17,667	D
Stock Option (right to buy)^F6	$32.10	Feb 21, 2017	A	12,665	A	Mar 15, 2017	Feb 23, 2016	Common Stock	12,665	12,665	D
Stock Option (right to buy)^F7	$30.08	holding	—	—	—	Feb 26, 2014	Feb 26, 2023	Common Stock	21,587	21,587	D
Stock Option (right to buy)^F8	$30.09	holding	—	—	—	Feb 21, 2013	Feb 21, 2022	Common Stock	36,455	36,455	D

Explanation of responses

F1On February 23, 2016, the reporting person was granted 18,324 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2017, 2018, and 2019. The performance criteria for 2017 were met, resulting in 6,107 restricted stock units being earned.
F2On February 24, 2015, the reporting person was granted 13,589 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 2017 were met, resulting in 4,530 restricted stock units being earned.
F3On February 25, 2014, the reporting person was granted 12,825 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 2017 were met, resulting in 4,276 restricted stock units being earned.
F4On February 25, 2014, the reporting person was granted an option to purchase 15,396 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 2017 were met, resulting in vesting of the option as to 5,133 shares.
F5On February 24, 2015, the reporting person was granted an option to purchase 26,500 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 2017 were met, resulting in 8,834 options being earned.
F6On February 23, 2016, the reporting person was granted an option to purchase 37,998 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year March 15, 2017, 2018, and 2019. The performance criteria for 2017 were met, resulting in 12,665 options being earned.
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.