SEC Form 4 · accession 0001225208-18-003894

TRUIST FINANCIAL CORP · TFC

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

Reporting owner

Christopher L Henson

Officer — President and COO

Period of report

Feb 20, 2018

Accepted (ET)

Feb 22, 2018 · 7:01 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	10,177	$0.00	A	141,152	D
Common Stock^F2	Feb 20, 2018	A	8,441	$0.00	A	149,593	D
Common Stock^F3	Feb 20, 2018	A	5,250	$0.00	A	154,843	D
Common Stock	holding	—	—		—	40,958	I	By 401(k)
Common Stock	holding	—	—		—	634	I	By Custodian for Child - Kristen
Common Stock	holding	—	—		—	634	I	By Custodian for Child - Sydney
Common Stock	holding	—	—		—	8,594	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	16,458	A	Mar 15, 2016	Feb 24, 2025	Common Stock	16,458	49,375	D
Stock Option (right to buy)^F5	$32.10	Feb 20, 2018	A	21,103	A	Mar 15, 2017	Feb 23, 2026	Common Stock	21,103	21,103	D
Stock Option (right to buy)^F6	$37.55	holding	—	—	—	Feb 25, 2015	Feb 25, 2024	Common Stock	29,763	29,763	D

Explanation of responses

F1On February 23, 2016, the reporting person was granted 30,529 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 10,177 restricted stock units being earned.
F2On February 24, 2015, the reporting person was granted 25,320 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 8,441 restricted stock units being earned.
F3On February 21, 2017, the reporting person was granted 15,753 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 5,250 restricted stock units being earned.
F4On February 24, 2015, the reporting person was granted an option to purchase 49,375 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 16,458 options being earned.
F5On February 23, 2016, the reporting person was granted an option to purchase 63,307 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 21,103 options being earned.
F6On February 25, 2014, the reporting person was granted an option to purchase 29,763 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 9,922 options being earned.