SEC Form 4 · accession 0001225208-18-002563
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clarke R Starnes III
Officer — Sr. Executive Vice President
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 5:56 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 StockF1 | Feb 8, 2018 | A | 1,477 | $0.00 | A | 100,680 | D | |
| Common StockF2 | holding | — | — | — | 12,857 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 7,663 | I | By IRA |
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 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 16,058 | 16,058 | D |
| Stock Option (right to buy)F5 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 22,629 | 22,629 | D |
| Stock Option (right to buy)F6 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 25,043 | 25,043 | D |
Explanation of responses
- F1On December 31, 2015, the reporting person was granted 4,430 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending February 15, 2017, 2018, and 2019. The performance criteria for 2018 were met, resulting in 1,477 restricted stock units being earned.
- F2Includes 260.601 shares acquired between April 1, 2017 and December 31, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated April 1, 2017 through December 31, 2017.
- F3Includes 158.483 shares acquired between June 2017 and December 2017, under the Dividend Reinvestment Plan.
- F4On February 23, 2016, the reporting person was granted an option to purchase 48,175 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 16,058 options being earned.
- F5On February 25, 2014, the reporting person was granted an option to purchase 22,629 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 7,544 options being earned.
- F6On February 24, 2015, the reporting person was granted an option to purchase 37,565 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 12,522 options being earned.
Remarks
poa.txt