SEC Form 4 · accession 0001225208-17-004350
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
Daryl N. Bible
Officer — Chief Financial Officer
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 | 7,743 | $0.00 | A | 115,071 | D | |
| Common StockF2 | Feb 21, 2017 | A | 6,422 | $0.00 | A | 121,493 | D | |
| Common StockF3 | Feb 21, 2017 | A | 6,283 | $0.00 | A | 127,776 | 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 | 7,544 | A | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 7,544 | 22,629 | D |
| Stock Option (right to buy)F5 | $38.22 | Feb 21, 2017 | A | 12,522 | A | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 12,522 | 25,043 | D |
| Stock Option (right to buy)F6 | $32.10 | Feb 21, 2017 | A | 16,058 | A | Mar 15, 2017 | Feb 23, 2016 | Common Stock | 16,058 | 16,058 | D |
| Stock Option (right to buy)F7 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 32,147 | 32,147 | D |
| Stock Option (right to buy)F8 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 56,158 | 56,158 | D |
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 23,232 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 7,743 restricted stock units being earned.
- F2On February 24, 2015, the reporting person was granted 19,264 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 6,422 restricted stock units being earned.
- F3On February 25, 2014, the reporting person was granted 18,850 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 6,283 restricted stock units being earned.
- F4On February 25, 2014, the reporting person was granted an option to purchase 22,629 shares of common stock. The option vests in three equal annual installments 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 7,544 shares.
- F5On February 24, 2015, the reporting person was granted an option to purchase 37,565 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 12,522 options being earned.
- F6On February 23, 2016, the reporting person was granted an option to purchase 48,175 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 16,058 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.