SEC Form 4 · accession 0001225208-18-003886
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
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 StockF1 | Feb 20, 2018 | A | 3,489 | $0.00 | A | 20,068 | D | |
| Common StockF2 | Feb 20, 2018 | A | 1,527 | $0.00 | A | 21,595 | D | |
| Common StockF3 | Feb 20, 2018 | A | 1,072 | $0.00 | A | 22,667 | D | |
| Common StockF4 | holding | — | — | — | 5,730 | I | By 401(k) | |
| Common StockF5 | 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)F6 | $32.10 | Feb 20, 2018 | A | 7,235 | A | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 7,235 | 14,469 | D |
| Stock Option (right to buy)F7 | $27.73 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 5,565 | 5,565 | D |
| Stock Option (right to buy)F8 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 7,022 | 7,022 | D |
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 10,467 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 3,489 restricted stock units being earned.
- F2On February 21, 2017, the reporting person was granted 4,584 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 1,527 restricted stock units being earned.
- F3On February 24, 2015, the reporting person was granted 3,213 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 1,072 restricted stock units being earned.
- F4Includes 36.499 shares acquired between October 1, 2017 and December 31, 2017, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated October 1, 2017 through December 31, 2017.
- F5Includes 0.002 shares acquired between October 2017 and December 2017, under the Issuer's Dividend Reinvestment Plan.
- F6On 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 2018 were met, resulting in 7,235 options being earned.
- F7The option is exercisable in four equal annual installments beginning on 2/22/2012.
- F8The option is exercisable in four equal annual installments beginning on 02/21/2013.
Remarks
poa.txt