SEC Form 4 · accession 0001225208-18-009730
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
May 18, 2018
Accepted (ET)
May 22, 2018 · 3:45 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 | May 18, 2018 | M | 5,565 | $27.73 | A | 26,407 | D | |
| Common StockF1 | May 18, 2018 | S | 5,565 | $55.1388 | D | 20,842 | D | |
| Common StockF2 | holding | — | — | — | 5,766 | I | By 401(k) | |
| Common StockF3 | 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)F4 | $27.73 | May 18, 2018 | M | 5,565 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 5,565 | 0 | D |
| Stock Option (right to buy)F5 | $30.09 | holding | — | — | — | Feb 21, 2013 | Feb 21, 2022 | Common Stock | 7,022 | 7,022 | 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
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $55.1100 to $55.1700. 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.
- F2Includes 36.489 shares acquired between January 1, 2018 and March 31, 2018, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2018 through March 31, 2018.
- F3Includes 0.002 shares acquired in March 2018, under the Issuer's Dividend Reinvestment Plan. Also, the total does not include a fractional share of 0.261 that was disposed of when the reporting person transferred shares from one account to another.
- F4The option is exercisable in four equal annual installments beginning on 2/22/2012.
- 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.