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