SEC Form 4 · accession 0001225208-17-016748
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna C Goodrich
Officer — Sr. Executive Vice President
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 4:56 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 30, 2017 | M | 20,000 | $27.73 | A | 78,589 | D | |
| Common StockF1 | Oct 30, 2017 | S | 20,000 | $49.1375 | D | 58,589 | D | |
| Common Stock | Oct 30, 2017 | G | 3,078 | $0.00 | D | 55,511 | D | |
| Common Stock | Oct 30, 2017 | M | 3,825 | $30.09 | A | 9,984 | I | By Spouse |
| Common Stock | Oct 30, 2017 | M | 3,044 | $27.73 | A | 13,028 | I | By Spouse |
| Common StockF2 | Oct 30, 2017 | S | 6,869 | $49.1267 | D | 6,159 | I | By Spouse |
| Common StockF3 | holding | — | — | — | 8,648 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 8,866 | I | By Spouse's 401(k) |
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 | Oct 30, 2017 | M | 20,000 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 20,000 | 8,505 | D |
| Stock Option (right to buy)F6 | $30.09 | Oct 30, 2017 | M | 3,825 | D | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 3,825 | 0 | I |
| Stock Option (right to buy)F5 | $27.73 | Oct 30, 2017 | M | 3,044 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 3,044 | 0 | I |
| Stock Option (right to buy)F7 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 21,587 | 21,587 | D |
| Stock Option (right to buy)F6 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 36,455 | 36,455 | D |
| Stock Option (right to buy)F8 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 26, 2026 | Common Stock | 12,665 | 12,665 | D |
| Stock Option (right to buy)F9 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 15,396 | 15,396 | D |
| Stock Option (right to buy)F10 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 17,667 | 17,667 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $49.1150 to $49.1900. 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.
- F10On February 24, 2015, the reporting person was granted an option to purchase 26,500 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 8,834 options being earned.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $49.1150 to $49.1350. 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 174.743 shares acquired between January 1, 2017 and September 30, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2017 through September 30, 2017.
- F4Includes 179.143 shares acquired between January 1, 2017 and September 30, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2017 through September 30, 2017.
- 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.
- F7The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F8On February 23, 2016, the reporting person was granted an option to purchase 37,998 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 12,665 options being earned.
- F9On February 25, 2014, the reporting person was granted an option to purchase 15,396 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 5,133 options being earned.