Form 4 for TFC Truist Financial
Accepted 2022-02-15 00:00:00 ET · period of report 2022-02-11 · accession 0001664272-22-000084 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-15 | 2022-02-11 | TFC | Case Scott | Sr. EVP | F - Tax | $63.58 | -90 | 27.8K | -0.3% | -$5,722 |
| D | 2022-02-15 | 2022-02-11 | TFC | Case Scott | Sr. EVP | M - OptEx | $63.58 | +297.02 | 27.8K | +1% | +$18.9K |
| D | 2022-02-15 | 2022-02-11 | TFC | Case Scott | Sr. EVP | M - OptEx | $0.00 | -297.02 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-11 | F | D | 90 | $63.58 | 27,759.32 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-11 | M | A | 297.02 | $63.58 | 27,849.32 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-02-11 | M | D | 297.02 | $0.00 | 0 | D | $0.00 · 2022-02-13 to 2022-02-13 | 297.02 Common Stock | (F1) Represents performance-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust performance-vested restricted stock unit automatically converted into a Truist restricted stock unit convertible into shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. Each Truist restricted stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust performance-vested restricted stock unit immediately prior to the effective time of the Merger. If performance results in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one-year deferral. |