SEC Form 4 · accession 0001225208-17-014169
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hudson Weaver
Officer — Sr. Executive Vice President
Period of report
Aug 16, 2017
Accepted (ET)
Aug 18, 2017 · 4:51 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 | Aug 16, 2017 | M | 8,752 | $27.73 | A | 21,883 | D | |
| Common StockF2 | Aug 16, 2017 | S | 8,752 | $46.908 | D | 13,131 | D | |
| Common StockF3 | holding | — | — | — | 16,870 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 720 | I | By UTMA C/F Daughter |
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)F5 | $27.73 | Aug 16, 2017 | M | 8,752 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 8,752 | 0 | D |
| Stock Option (right to buy)F6 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 10,782 | 10,782 | D |
| Stock Option (right to buy)F7 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 7,234 | 7,234 | D |
Explanation of responses
- F1Includes 59.009 shares acquired in June 2017, under the Issuer's Dividend Reinvestment Plan.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $46.8950 to $46.9400. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Includes 221.099 shares acquired between January 1, 2017 and June 30, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2017 through June 30, 2017.
- F4Includes 5.097 shares acquired in June 2017, under the Issuer's Dividend Reinvestment Plan.
- F5The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F6The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F7On 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.