Form 4 for TFC Truist Financial
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001664272-23-000137 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-03-01 | 2023-02-27+ | TFC | KING KELLY S | Dir | A - Grant | $0.00 | +113.0K | 193.9K | +140% | $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 | 2023-02-27 | A | A | 16,997 | $0.00 | 111,949 | D | — | — | (F2) On February 22, 2021, the reporting person was granted 50,990 restricted stock units, which shall vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2023, 2024, and 2025. The performance criteria for 2023 were met, resulting in 16,997 restricted stock units being earned. |
| 2 | Common | Common Stock | 2023-02-27 | A | A | 14,004 | $0.00 | 94,952 | D | — | — | (F1) On February 24, 2020, the reporting person was granted 56,016 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2023 were met, resulting in 14,004 restricted stock units being earned. |
| 3 | Common | Common Stock | 2023-02-27 | A | A | 78,149 | $0.00 | 190,098 | D | — | — | (F3) On February 24, 2020, the reporting person was granted 63,827 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2020 through December 31, 2022) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 122.44 % of the Target Level of Achievement, resulting in 78,149 shares being earned. |
| 4 | Common | Common Stock | 2023-02-28 | A | A | 3,833 | $0.00 | 193,931 | D | — | — | (F4) Grant of Restricted Stock Units which cliff vest on December 31, 2023. |