0000750556-12-000041.txt : 20120216 0000750556-12-000041.hdr.sgml : 20120216 20120216104055 ACCESSION NUMBER: 0000750556-12-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120213 FILED AS OF DATE: 20120216 DATE AS OF CHANGE: 20120216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sullivan Timothy E CENTRAL INDEX KEY: 0001323718 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08918 FILM NUMBER: 12618212 MAIL ADDRESS: STREET 1: 250 PIEDMONT AVE. STREET 2: 21ST FLOOR CITY: ATLANTA STATE: GA ZIP: 30308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SUNTRUST BANKS INC CENTRAL INDEX KEY: 0000750556 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 581575035 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 303 PEACHTREE ST N E CITY: ATLANTA STATE: GA ZIP: 30308 BUSINESS PHONE: 4045887711 MAIL ADDRESS: STREET 1: 303 PEACHTREE ST N E CITY: ATLANTA STATE: GA ZIP: 30308 4 1 edgar.xml PRIMARY DOCUMENT X0304 4 2012-02-13 0000750556 SUNTRUST BANKS INC STI 0001323718 Sullivan Timothy E 303 PEACHTREE STREET, N.E. ATLANTA GA 30308 0 1 0 0 Corp. EVP and Chief Info. Off. Common Stock 2012-02-13 4 F 0 5385 22.03 D 45172.965 D Common Stock 959.8006 I 401(k) Phantom Stock Common Stock 1763.1928 1763.1928 D Phantom Stock Common Stock 15927.9035 15927.9035 D Phantom Stock Common Stock 6757.378 6757.378 D Phantom Stock Common Stock 10395 10395 D Option 54.28 2006-02-11 2013-02-11 Common Stock 25000 25000 D Option 73.19 2007-02-10 2014-02-10 Common Stock 18000 18000 D Option 73.14 2008-02-08 2015-02-08 Common Stock 18000 18000 D Option 71.03 2009-02-14 2016-02-14 Common Stock 33000 33000 D Option 85.06 2010-02-13 2017-02-13 Common Stock 33000 33000 D Option 64.58 2011-02-12 2018-02-12 Common Stock 62000 62000 D Option 9.06 2012-02-10 2019-02-10 Common Stock 238475 238475 D Option 29.20 2012-04-01 2021-04-01 Common Stock 27417 27417 D Restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. This plan is exempt under Rule 16(b)-3. Includes 20,374 shares which vest on 12/16/2012. 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. 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. Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan and paid as salary. Reflects settlement of one-half in case on March 31, 2011. Remainder will be settled on March 31, 2012, unless settled earlierdue to the executive's death. Reflects case settlement of salary shares on April 5, 2011 based on closing stock price on the date of TARP repayment, March 30, 2011. Reflects satisfaction of performance vesting condition (Tier 1 Capital) as of December 31, 2011 with respect to restricted stock units originally granted under the SunTrust Banks, Inc. 2009 Stock Plan on April 1, 2011. Grant was exempt pursuant to Rule 16b-3. Award remains subject to time-vesting criterion and will vest pro rata annually (i.e. one-third each year) and will vest post-retirement provided certain noncompetition and other restrictive covenants are performed. Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan. Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan. Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years. David A. Wisniewski, Attorney-in-Fact for Timothy E. Sullivan 2012-02-16