Filing Details

Accession Number:
0001225208-19-015698
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-12 16:35:36
Reporting Period:
2019-12-10
Accepted Time:
2019-12-12 16:35:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
92230 Truist Financial Corp TFC National Commercial Banks (6021) 560939887
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1195905 C Steven Voorhees 214 N. Tryon Street
Charlotte NC 28202
Yes No 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 Acquisiton 2019-12-10 5,000 $55.16 17,950 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock Units $0.00 5,454 5,454 Direct
Common Stock Phantom Stock Units - Deferred Comp $0.00 4,042 4,042 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,454 5,454 Direct
4,042 4,042 Direct
Footnotes
  1. Represents phantom stock units issued under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust phantom stock unit automatically converted into a BB&T phantom stock unit in respect of shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist phantom stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust phantom stock unit immediately prior to the effective time of the Merger.
  2. Represents phantom stock units issued under the SunTrust Banks, Inc. Directors' Deferred Compensation Plan. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust phantom stock unit automatically converted into a BB&T phantom stock unit in respect of shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist phantom stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust phantom stock unit immediately prior to the effective time of the Merger.