SEC Form 4 · accession 0001225208-17-004376
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brantley J Standridge
Officer — Sr. Exec. Vice President
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 4:47 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 | 2,286 | $0.00 | A | 24,042 | D | |
| Common StockF2 | Feb 21, 2017 | A | 1,928 | $0.00 | A | 25,970 | D | |
| Common Stock | holding | — | — | — | 6,562 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 6,861 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 2,286 restricted stock units being earned.
- F2On February 24, 2015, the reporting person was granted 5,784 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 1,928 restricted stock units being earned.