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