0001225208-18-007244.txt : 20180403
0001225208-18-007244.hdr.sgml : 20180403
20180403174639
ACCESSION NUMBER: 0001225208-18-007244
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180401
FILED AS OF DATE: 20180403
DATE AS OF CHANGE: 20180403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ritter William D.
CENTRAL INDEX KEY: 0001509493
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34034
FILM NUMBER: 18734863
MAIL ADDRESS:
STREET 1: 1901 6TH AVENUE NORTH
STREET 2: 18TH FLOOR
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
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
4
1
doc4.xml
X0306
4
2018-04-01
0001281761
REGIONS FINANCIAL CORP
RF
0001509493
Ritter William D.
P. O. BOX 10247
BIRMINGHAM
AL
35202-0247
1
SEVP
Common Stock
2018-04-01
4
M
0
20833.0000
0.0000
A
74306.0000
D
Common Stock
2018-04-01
4
M
0
20833.0000
0
A
95139.0000
D
Common Stock
2018-04-02
4
F
0
18480.0000
18.5800
D
76659.0000
D
Common Stock
1012.6020
I
By 401(k)
Common Stock
989.0954
I
By Spouse IRA
Common Stock (phantom stock)
1543.9628
I
Indirect - By 401 (k) Supplemental Plan
Performance Stock Units - 2015
2018-04-01
4
M
0
20833.0000
0.0000
D
Common Stock
20833.0000
0.0000
D
Restricted Stock Units
0.0000
2018-04-01
4
M
0
20833.0000
0.0000
D
Common Stock
20833.0000
38220.0000
D
Performance Stock Units (2018)
2018-04-02
4
A
0
10627.0000
0.0000
A
Common Stock
15940.5000
10627.0000
D
Restricted Stock Units
0.0000
2018-04-02
4
A
0
10627.0000
0.0000
A
Common Stock
10627.0000
48847.0000
D
The restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2018.
The performance stock units vested and were settled in shares of common stock on April 1, 2018, at the conversion rate of 1 share of common stock for each unit, based on the level of company achievement of performance goals during the performance period from January 1, 2015, through December 31, 2017.
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, 2018, through December 31, 2020.
The performance stock units will be settled in shares of common stock as of April 2, 2021, 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 2, 2021, subject to a service requirement and a performance threshold requirement and subject to earlier vesting in whole or in part under certain conditions.
Lachelle S. Koon - Attorney -in-Fact
2018-04-03