SEC Form 4 · accession 0001225208-17-004346
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
Robert Jerome Johnson Jr.
Officer — S.E.V.P/Secretary/Gen. Counsel
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 StockF1 | Feb 21, 2017 | A | 3,924 | $0.00 | A | 14,413 | D | |
| Common StockF2 | Feb 21, 2017 | A | 3,169 | $0.00 | A | 17,582 | D | |
| Common StockF3 | Feb 21, 2017 | A | 2,833 | $0.00 | A | 20,415 | D |
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 | 3,402 | A | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 3,402 | 10,204 | D |
| Stock Option (right to buy)F5 | $38.22 | Feb 21, 2017 | A | 6,179 | A | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 6,179 | 12,357 | D |
| Stock Option (right to buy)F6 | $32.10 | Feb 21, 2017 | A | 8,139 | A | Mar 15, 2017 | Feb 23, 2016 | Common Stock | 8,139 | 8,139 | D |
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 11,775 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 3,924 restricted stock units being earned.
- F2On February 24, 2015, the reporting person was granted 9,505 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 3,169 restricted stock units being earned.
- F3On February 25, 2014, the reporting person was granted 8,500 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 2,833 restricted stock units being earned.
- F4On 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 2017 were met, resulting in 3,402 options being earned.
- F5On 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 2017 were met, resulting in 6,179 options being earned.
- F6On February 23, 2016, the reporting person was granted an option to purchase 24,418 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 8,139 options being earned.