SEC Form 4 · accession 0001225208-17-016667
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
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 4:26 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 Stock | Oct 26, 2017 | M | 7,762 | $27.75 | A | 24,341 | D | |
| Common StockF1 | Oct 26, 2017 | S | 7,762 | $48.1591 | D | 16,579 | D | |
| Common StockF2 | holding | — | — | — | 5,693 | I | By 401(k) | |
| Common StockF3 | 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)F4 | $27.75 | Oct 26, 2017 | M | 7,762 | D | Feb 23, 2011 | Feb 23, 2020 | Common Stock | 7,762 | 0 | D |
| Stock Option (right to buy)F5 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 5,565 | 5,565 | D |
| Stock Option (right to buy)F6 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 7,022 | 7,022 | 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
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $48.1400 to $48.1800. 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.
- F2Includes 79.641 shares acquired between April 1, 2017 and September 30, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated April 1, 2017 through September 30, 2017.
- F3Includes 0.003 shares acquired between June 2017 and September 2017, under the Issuer's Dividend Reinvestment Plan.
- F4The option is exercisable in four equal annual installments beginning on 02/23/2011.
- F5The option is exercisable in four equal annual installments beginning on 02/22/2012.
- 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.