Form 4 for TFC Truist Financial

Accepted 2022-10-04 00:00:00 ET · period of report 2022-10-01 · accession 0001664272-22-000278 · 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	2022-10-04	2022-10-01	TFC	Thompson Joseph M	Sr. EVP	M - OptEx	$43.54	+66.8K	121.2K	+123%	+$2.91M
D	2022-10-04	2022-10-01	TFC	Thompson Joseph M	Sr. EVP	F - Tax	$43.54	-30.1K	91.1K	-25%	-$1.31M
D	2022-10-04	2022-10-01	TFC	Thompson Joseph M	Sr. EVP	M - OptEx	$0.00	-66.8K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-10-01	M	A	66,773.45	$43.54	121,231.39	D	—	—
2	Common	Common Stock	2022-10-01	F	D	30,115	$43.54	91,116.39	D	—	—
3	Derivative	Restricted Stock Units	2022-10-01	M	D	66,773.45	$0.00	0	D	$0.00 · 2022-10-01 to 2022-10-01	66,773.45 Common Stock	(F3) Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a Truist time-vested 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 time-vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.