SEC Form 4 · accession 0001225208-18-003879

TRUIST FINANCIAL CORP · TFC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Barbara F Duck

Officer — Sr. Executive Vice President

Period of report

Feb 20, 2018

Accepted (ET)

Feb 22, 2018 · 7:00 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^F1	Feb 20, 2018	A	6,108	$0.00	A	98,079	D
Common Stock^F2	Feb 20, 2018	A	4,530	$0.00	A	102,609	D
Common Stock^F3	Feb 20, 2018	A	2,727	$0.00	A	105,336	D
Common Stock	holding	—	—		—	19,226	I	By 401(k)
Common Stock	holding	—	—		—	3,711	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	$38.22	Feb 20, 2018	A	8,833	A	Mar 15, 2016	Feb 24, 2025	Common Stock	8,833	26,500	D
Stock Option (right to buy)^F5	$32.10	Feb 20, 2018	A	12,666	A	Mar 15, 2017	Feb 23, 2026	Common Stock	12,666	25,331	D
Stock Option (right to buy)^F6	$30.08	holding	—	—	—	Feb 26, 2014	Feb 26, 2023	Common Stock	21,587	21,587	D
Stock Option (right to buy)^F7	$30.09	holding	—	—	—	Feb 21, 2013	Feb 21, 2022	Common Stock	36,455	36,455	D
Stock Option (right to buy)^F8	$37.55	holding	—	—	—	Feb 25, 2015	Feb 25, 2024	Common Stock	15,396	15,396	D

Explanation of responses

F1On February 23, 2016, the reporting person was granted 18,324 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2018 were met, resulting in 6,108 restricted stock units being earned.
F2On February 24, 2015, the reporting person was granted 13,589 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 4,530 restricted stock units being earned.
F3On February 21, 2017, the reporting person was granted 8,182 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2018, 2019, and 2020. The performance criteria for 2018 were met, resulting in 2,727 restricted stock units being earned.
F4On 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 2018 were met, resulting in 8,833 options being earned.
F5On 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 2018 were met, resulting in 12,666 options being earned.
F6The option is exercisable in three equal annual installments beginning on 02/26/2014.
F7The option is exercisable in four equal annual installments beginning on 02/21/2013.
F8On 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.