Filing Details

Accession Number:
0000750556-17-000180
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-04 10:42:45
Reporting Period:
2017-11-30
Accepted Time:
2017-12-04 10:42:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
750556 Suntrust Banks Inc STI National Commercial Banks (6021) 581575035
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1518495 Aleem Gillani 303 Peachtree Street, N.e.
Atlanta GA 30303
Corp. Exec. Vice Pres And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-11-30 7,000 $0.00 256,816 No 4 S Direct
Common Stock Disposition 2017-11-30 1,200 $0.00 255,616 No 4 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 G Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,112 Indirect 401(k)
Common Stock 1,500 Indirect Custodial Account
Common Stock 950 Indirect IRA
Common Stock 400 Indirect Roth IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock $0.00 1,077 1,077 Direct
Common Stock Phantom Stock $0.00 2018-02-10 3,111 3,111 Direct
Common Stock Phantom Stock $0.00 2018-02-09 3,631 3,631 Direct
Common Stock Phantom Stock $0.00 2019-02-09 3,632 3,632 Direct
Common Stock Phantom Stock $0.00 2017-02-21 2017-02-21 12,751 12,751 Direct
Common Stock Phantom Stock $0.00 2020-02-14 2020-02-14 5,774 5,774 Direct
Common Stock Phantom Stock $0.00 2017-02-21 2018-02-21 5,099 5,099 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,077 1,077 Direct
3,111 3,111 Direct
3,631 3,631 Direct
3,632 3,632 Direct
2017-02-21 12,751 12,751 Direct
2020-02-14 5,774 5,774 Direct
2018-02-21 5,099 5,099 Direct
Footnotes
  1. Sold at prices ranging from $61.88 to $61.883.
  2. Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
  3. Shares are held in a custodial account for the benefit of an adult familiy member over which account the reporting person has investment and voting control.
  4. Acquired under the SunTrust Banks, Inc. Deferred Compensation Plan. These convert to common stock on a one-for-one basis.
  5. Represents time-vested restricted stock units granted on February 10, 2015 under the 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.
  6. Represents time-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
  7. Represents restricted stock unit award granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Transaction represents the satisfaction of EPS/TSR/ROTCE performance conditions. The Restricted Stock Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares. Award will vest on February 21, 2017 and will be settled in shares of common stock.
  8. Represents time-vested restricted stock unit award granted on February 14, 2017 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award will vest on February 14, 2020 and will be settled in Shares of common stock. The Restricted Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares.
  9. Represents performance stock which was granted on February 21, 2014 and which vested on February 21, 2017. Award is settled in common stock. Because exceptional performance resulted 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.