SEC Form 4 · accession 0001225208-17-017813
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
Nov 28, 2017
Accepted (ET)
Nov 30, 2017 · 4:54 pm EST
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 | Nov 28, 2017 | S | 8,329 | $46.772 | D | 47,182 | D | |
| Common Stock | Nov 28, 2017 | S | 2,470 | $46.77 | D | 3,689 | I | By Spouse |
| Common Stock | holding | — | — | — | 8,648 | I | By 401(k) | |
| Common Stock | 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)F1 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 8,505 | 8,505 | D |
| Stock Option (right to buy)F2 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 21,587 | 21,587 | D |
| Stock Option (right to buy)F3 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 36,455 | 36,455 | D |
| Stock Option (right to buy)F4 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 26, 2026 | Common Stock | 12,665 | 12,665 | D |
| Stock Option (right to buy)F5 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 15,396 | 15,396 | D |
| Stock Option (right to buy)F6 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 17,667 | 17,667 | D |
Explanation of responses
- F1The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F2The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F3The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F4On 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.
- F5On 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.
- F6On 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.