SEC Form 4 · accession 0001225208-17-004349
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna C Goodrich
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 StockF1 | Feb 21, 2017 | A | 6,107 | $0.00 | A | 56,875 | D | |
| Common StockF2 | Feb 21, 2017 | A | 4,530 | $0.00 | A | 61,405 | D | |
| Common StockF3 | Feb 21, 2017 | A | 4,276 | $0.00 | A | 65,681 | D | |
| Common StockF4 | Feb 21, 2017 | A | 901 | $0.00 | A | 6,765 | I | By Spouse |
| Common StockF5 | Feb 21, 2017 | A | 598 | $0.00 | A | 7,363 | I | By Spouse |
| Common Stock | holding | — | — | — | 8,473 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 8,687 | I | By Spouse's 401(k) |
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)F6 | $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)F7 | $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)F8 | $32.10 | Feb 21, 2017 | A | 12,665 | A | Mar 15, 2017 | Feb 26, 2026 | Common Stock | 12,665 | 12,665 | D |
| Stock Option (right to buy)F9 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 28,505 | 28,505 | D |
| Stock Option (right to buy)F10 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 21,587 | 21,587 | D |
| Stock Option (right to buy)F11 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 36,455 | 36,455 | D |
| Stock Option (right to buy)F9 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 3,044 | 3,044 | I |
| Stock Option (right to buy)F11 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 3,825 | 3,825 | I |
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.
- F10The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F11The option is exercisable in four equal annual installments beginning on 02/21/2013.
- 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 23, 2016, the reporting person's spouse was granted 2,706 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 901 restricted stock units being earned.
- F5On February 24, 2015, the reporting person's spouse was granted 1,792 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 598 restricted stock units being earned.
- F6On 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 5,133 options being earned.
- F7On 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.
- F8On 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.
- F9The option is exercisable in four equal annual installments beginning on 2/22/2012.