SEC Form 4 · accession 0001225208-17-009323
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Bennett Bradley
Officer — Sr. Executive Vice President
Period of report
May 4, 2017
Accepted (ET)
May 8, 2017 · 5:07 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 | May 4, 2017 | I | 31 | $44.06 | D | 0 | I | By Spouse's 401(k) |
| Common Stock | holding | — | — | — | 16,579 | D | ||
| Common Stock | holding | — | — | — | 5,614 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 952 | I | By Spouse |
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 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 5,565 | 5,565 | D |
| Stock Option (right to buy)F3 | $27.75 | holding | — | — | — | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 7,762 | 7,762 | D |
| Stock Option (right to buy)F4 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 7,022 | 7,022 | D |
| Stock Option (right to buy)F5 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 7,234 | 7,234 | D |
Explanation of responses
- F1Includes 30.607 shares acquired between April 1, 2017 and April 30, 2017, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated April 1, 2017 through April 30, 2017.
- F2The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F3The option is exercisable in four equal annual installments beginning on 02/23/2011.
- F4The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F5On February 23, 2016, the reporting person was granted an option to purchase 21,705 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 7,234 options being earned.