SEC Form 4 · accession 0001225208-18-009343
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hudson Weaver
Officer — Sr. Executive Vice President
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 4:24 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 StockF1 | May 11, 2018 | M | 10,782 | $30.09 | A | 28,825 | D | |
| Common StockF2 | May 11, 2018 | S | 10,782 | $55.2265 | D | 18,043 | D | |
| Common StockF3 | holding | — | — | — | 17,210 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 735 | I | By UTMA C/F Daughter |
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)F5 | $30.09 | May 11, 2018 | M | 10,782 | D | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 10,782 | 0 | D |
| Stock Option (right to buy)F6 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 14,469 | 14,469 | D |
Explanation of responses
- F1Includes 10.975 shares acquired in March 2018, under the Dividend Reinvestment Plans.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $55.2050 to $55.2900. 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.
- F3Includes 108.904 shares acquired betwen January 1, 2018 and March 31, 2018, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated January 1, 2018 through March 31, 2018.
- F4Includes 0.602 shares acquired in March 2018, under the Issuer's Dividend Reinvestment Plan.
- F5The option is exercisable in four equal annual installments beginning on 02/21/2013.
- 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.