Filing Details

Accession Number:
0000750556-18-000067
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-20 17:27:36
Reporting Period:
2018-02-16
Accepted Time:
2018-02-20 17:27:36
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
1352118 E Thomas Freeman 303 Peachtree Street, N.e.
Atlanta GA 30308
Corp. Evp & Efficiency Exec. 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 2018-02-16 34,652 $0.00 148,273 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 650 Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock Units $0.00 1,589 1,589 Direct
Common Stock Phantom Stock $0.00 2019-02-09 2019-02-09 22,618 22,618 Direct
Common Stock Phantom Stock $0.00 2018-02-14 2020-02-14 5,774 3,805 Direct
Common Stock Phantom Stock $0.00 2017-02-21 2018-02-21 5,602 5,602 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,589 1,589 Direct
2019-02-09 22,618 22,618 Direct
2020-02-14 5,774 3,805 Direct
2018-02-21 5,602 5,602 Direct
Footnotes
  1. Sold at prices ranging from $70.72 to $71.205.
  2. 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.
  3. 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.
  4. The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.
  5. Represents time-vested restricted stock unit award granted on February 14th, 2017 under the SunTrust Banks, Inc 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award will be settled in share of common stock. The restricted unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligtions by netting shares.
  6. 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.