SEC Form 4 · accession 0001225208-19-002678
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna C Goodrich
Officer — Sr. Executive Vice President
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 11:11 am 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 13, 2019 | A | 970 | $0.00 | A | 50,820 | D | |
| Common Stock | holding | — | — | — | 4,634 | 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)F2 | $30.08 | holding | — | — | — | Feb 26, 2014 | Feb 26, 2023 | Common Stock | 21,587 | 21,587 | D |
| Stock Option (right to buy)F3 | $32.10 | holding | — | — | — | Mar 15, 2017 | Feb 26, 2026 | Common Stock | 25,331 | 25,331 | D |
| Stock Option (right to buy)F4 | $37.55 | holding | — | — | — | Feb 25, 2015 | Feb 25, 2024 | Common Stock | 15,396 | 15,396 | D |
| Stock Option (right to buy)F5 | $38.22 | holding | — | — | — | Mar 15, 2016 | Feb 24, 2025 | Common Stock | 26,500 | 26,500 | D |
Explanation of responses
- F1On December 31, 2015, the reporting person was granted 2,909 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending February 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 970 restricted stock units being earned.
- F2The option is exercisable in three equal annual installments beginning on 02/26/2014.
- F3On February 23, 2016, the reporting person was granted an option to purchase 37,998 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 12,666 options being earned.
- F4On February 25, 2014, the reporting person was granted an option to purchase 15,396 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 5,133 options being earned.
- F5On February 24, 2015, the reporting person was granted an option to purchase 26,500 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 8,833 options being earned.