0000750556-19-000206.txt : 20191122 0000750556-19-000206.hdr.sgml : 20191122 20191122094456 ACCESSION NUMBER: 0000750556-19-000206 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191121 FILED AS OF DATE: 20191122 DATE AS OF CHANGE: 20191122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cummins Hugh S. III CENTRAL INDEX KEY: 0001701995 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08918 FILM NUMBER: 191238905 MAIL ADDRESS: STREET 1: 303 PEACHTREE STREET, NE 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 NE CITY: ATLANTA STATE: GA ZIP: 30308 BUSINESS PHONE: 4045887711 MAIL ADDRESS: STREET 1: 303 PEACHTREE ST NE CITY: ATLANTA STATE: GA ZIP: 30308 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2019-11-21 0000750556 SUNTRUST BANKS INC STI 0001701995 Cummins Hugh S. III 303 PEACHTREE STREET, NE ATLANTA GA 30308 0 1 0 0 Co-COO/Wholesale Segment Exec Common Stock 2019-11-21 4 S 0 25000 70.0018 D 68404.496 D Common Stock 2860.4958 I 401(k) Phantom Stock Units Common Stock 1158.7489 1158.7489 D Phantom Stock Units 2020-02-14 2020-02-14 Common Stock 2115.204 2115.204 D Phantom Stock Units 2020-02-09 2020-02-09 Common Stock 49869.194 49869.194 D Phantom Stock Units 2020-02-13 Common Stock 4265.818 4265.818 D Phantom Stock Units 2021-02-13 Common Stock 4264.765 4264.765 D Phantom Stock Units 2020-02-08 Common Stock 17204.645 17204.645 D Phantom Stock Units 2021-02-08 Common Stock 17203.621 17203.621 D Phantom Stock Units 2022-02-08 Common Stock 17202.598 17202.598 D Phantom Stock Units 2019-02-09 Common Stock 2722.825 2722.825 D Option 21.67 2015-02-14 2022-02-14 Common Stock 45600 45600 D Option 27.41 2016-02-26 2023-02-26 Common Stock 43185 43185 D Phantom Stock Units 2022-10-01 Common Stock 61452.662 61452.662 D 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. Represents time-vested restricted stock units under the SunTrust Banks, Inc. 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares. 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 time-vested restricted stock units under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares. Represents performance-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the saisfaction of EPS/ROTCE/TSR performance conditions. Performance resulted in the award vesting at 140% of target; because performance resulted in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one-year deferral The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares. Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years from the grant date. The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $69.98 to $70.09. The reporting person has provided to SunTrust Banks, Inc. full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Curt Phillips, Attorney-in-Fact for Hugh S. Cummins III 2019-11-22