SEC Form 4 · accession 0001225208-18-008133
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daryl N. Bible
Officer — Chief Financial Officer
Period of report
Apr 25, 2018
Accepted (ET)
Apr 27, 2018 · 1:45 pm EDT
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 | Apr 25, 2018 | M | 56,158 | $30.09 | A | 185,226 | D | |
| Common StockF1 | Apr 25, 2018 | S | 42,700 | $53.6274 | D | 142,526 | D | |
| Common Stock | Apr 26, 2018 | M | 32,147 | $30.08 | A | 174,673 | D | |
| Common StockF2 | Apr 26, 2018 | S | 32,147 | $53.5073 | D | 142,526 | D |
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)F3 | $30.09 | Apr 25, 2018 | M | 56,158 | D | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 56,158 | 0 | D |
| Stock Option (right to buy)F4 | $30.08 | Apr 26, 2018 | M | 32,147 | D | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 32,147 | 0 | D |
| Stock Option (right to buy)F5 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 32,117 | 32,117 | D |
| Stock Option (right to buy)F6 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 22,629 | 22,629 | D |
| Stock Option (right to buy)F7 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 37,565 | 37,565 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $53.5300 to $53.6900. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $53.4100 to $53.6100. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3The option is exercisable in four equal annual installments beginning on 02/21/2013.
- F4The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F5On 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 2018 were met, resulting in 16,059 options being earned.
- F6On 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.
- F7On 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 2018 were met, resulting in 12,522 options being earned.