SEC Form 4 · accession 0001225208-17-006529
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Jerome Johnson Jr.
Officer — S.E.V.P/Secretary/Gen. Counsel
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 4:36 pm EDT
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 | Mar 15, 2017 | F | 1,507 | $47.53 | D | 16,557 | D | |
| Common Stock | Mar 15, 2017 | F | 1,866 | $47.53 | D | 14,691 | 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)F2 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 8,139 | 8,139 | D |
| Stock Option (right to buy)F3 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 10,204 | 10,204 | D |
| Stock Option (right to buy)F4 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 12,357 | 12,357 | D |
Explanation of responses
- F1Includes 34.772 shares acquired in March 2017, under the Issuer's Dividend Reinvestment Plan.
- F2On 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 ending March 15, 2017, 2018, and 2019. The performance criteria for 2017 were met, resulting in 8,139 options being earned.
- F3On 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.
- F4On 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 ending March 15, 2016, 2017, and 2018. The performance criteria for 2017 were met, resulting in 6,179 options being earned.