0001225208-16-031106.txt : 20160405
0001225208-16-031106.hdr.sgml : 20160405
20160405181312
ACCESSION NUMBER: 0001225208-16-031106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160401
FILED AS OF DATE: 20160405
DATE AS OF CHANGE: 20160405
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: REGIONS FINANCIAL CORP
CENTRAL INDEX KEY: 0001281761
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 630589368
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1900 FIFTH AVENUE NORTH
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
BUSINESS PHONE: 800-734-4667
MAIL ADDRESS:
STREET 1: 1900 FIFTH AVENUE NORTH
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
FORMER COMPANY:
FORMER CONFORMED NAME: NEW REGIONS FINANCIAL CORP
DATE OF NAME CHANGE: 20040225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Owen John B
CENTRAL INDEX KEY: 0001331307
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34034
FILM NUMBER: 161555961
MAIL ADDRESS:
STREET 1: REGIONS FINANCIAL CORPORATION
STREET 2: 1900 5TH AVENUE NORTH, 21ST FLOOR
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
4
1
doc4.xml
X0306
4
2016-04-01
0001281761
REGIONS FINANCIAL CORP
RF
0001331307
Owen John B
P. O. BOX 10247
BIRMINGHAM
AL
35202-0247
1
SEVP
Common Stock
2016-04-01
4
M
0
40601.0000
0.0000
A
215458.0000
D
Common Stock
2016-04-01
4
M
0
30451.0000
0.0000
A
245909.0000
D
Common Stock
2016-04-01
4
F
0
31666.0000
7.8900
D
214243.0000
D
Common Stock
14670.9700
I
By 401(k)
Phantom Stock Units (401k)
30982.7730
I
Indirect - By 401 (k) Supplemental Plan
Performance Stock Units - 2013
2016-04-01
4
M
0
40601.0000
0.0000
D
Common Stock
30450.7500
0.0000
D
Performance Stock Units (2016)
2016-04-01
4
A
0
49322.0000
0.0000
A
Common Stock
73983.0000
49322.0000
D
Restricted Stock Units
0.0000
2016-04-01
4
A
0
49322.0000
0.0000
A
Common Stock
49322.0000
168321.0000
D
Restricted Stock Units
0.0000
2016-04-01
4
M
0
40601.0000
0.0000
D
Common Stock
40601.0000
127720.0000
D
The restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2016.
The performance stock units vested and were settled in shares of common stock on April 1, 2016, at the conversion rate of 0.75 shares of common stock for each unit, based on the level of company achievement of performance goals during the performance period from January 1, 2013, through December 31, 2015. For more information, please see the Current Report on Form 8-K filed by Regions Financial Corporation on May 25, 2012.
Expressed as ownership units in the plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock.
Each performance stock unit is the economic equivalent of up to one and one-half shares of Regions Financial Corporation common stock with deemed reinvestment of dividends.
The target number of shares underlying the performance stock units is equal to the number of units. The actual number of underlying shares could range from 0% to 150% of the target amount depending on the level of company achievement of performance goals during the performance period from January 1, 2016, through December 31, 2018.
The performance stock units will be settled in shares of common stock as of April 1, 2019, subject to a service requirement and subject to earlier vesting in whole or in part under certain conditions.
Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends.
The restricted stock units will be settled in shares of common stock as of April 1, 2019, subject to a service and a performance threshold requirement and subject to earlier vesting in whole or in part under certain conditions.
Lachelle S. Koon - Attorney-in-Fact
2016-04-05