0001225208-20-001956.txt : 20200211
0001225208-20-001956.hdr.sgml : 20200211
20200211175553
ACCESSION NUMBER: 0001225208-20-001956
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200207
FILED AS OF DATE: 20200211
DATE AS OF CHANGE: 20200211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Thompson Joseph M
CENTRAL INDEX KEY: 0001788989
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 20598415
MAIL ADDRESS:
STREET 1: 214 N. TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRUIST FINANCIAL CORP
CENTRAL INDEX KEY: 0000092230
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 560939887
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
BUSINESS PHONE: 3367332000
MAIL ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
FORMER COMPANY:
FORMER CONFORMED NAME: BB&T CORP
DATE OF NAME CHANGE: 19970527
FORMER COMPANY:
FORMER CONFORMED NAME: SOUTHERN NATIONAL CORP /NC/
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
X0306
4
2020-02-07
0000092230
TRUIST FINANCIAL CORP
TFC
0001788989
Thompson Joseph M
214 N. TRYON STREET
CHARLOTTE
NC
28202
1
Sr. Executive Vice President
Common Stock
2020-02-07
4
M
0
8166.0000
0
A
8166.0000
D
Common Stock
2020-02-07
4
M
0
2734.0000
0
A
10900.0000
D
Common Stock
2020-02-07
4
F
0
759.0000
54.2700
D
10141.0000
D
Common Stock
2020-02-07
4
F
0
2458.0000
54.2700
D
7683.0000
D
Common Stock
1699.7838
I
By 401(k)
Restricted Stock Units
2020-02-07
4
M
0
8166.0000
D
2020-02-08
2020-02-08
Common Stock
8166.0000
0.0000
D
Restricted Stock Units
2020-02-07
4
M
0
2734.0000
D
2019-02-09
2019-02-09
Common Stock
2734.0000
0.0000
D
Phantom Stock Units - Deferred Comp
Common Stock
1490.0000
1490.0000
D
Restricted Stock Unit
2022-02-08
2022-02-08
Common Stock
8165.0000
8165.0000
D
Restricted Stock Unit
2021-02-13
2021-02-13
Common Stock
16858.0000
16858.0000
D
Restricted Stock Unit
2020-02-14
2020-02-14
Common Stock
22133.0000
22133.0000
D
Restricted Stock Units
2021-02-08
2021-02-08
Common Stock
8166.0000
8166.0000
D
Restricted Stock Units
2022-02-08
2022-02-08
Common Stock
24497.0000
24497.0000
D
Restricted Stock Units
2020-02-13
2020-02-13
Common Stock
1822.0000
1822.0000
D
Restricted Stock Units
2021-02-13
2021-02-13
Common Stock
1821.0000
1821.0000
D
Restricted Stock Units
2020-02-14
2020-02-14
Common Stock
2123.0000
2123.0000
D
Restricted Stock Units
2022-10-01
2022-10-01
Common Stock
60274.0000
60274.0000
D
Price $54.270
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 Truist stock on the applicable measurement date.
Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a BB&T time-vested restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist time- vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 6,305.833 shares of SunTrust common stock.
Represents performance-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan. The performance-vesting conditions applicable to these restricted stock units have been previously satisfied but, in accordance with the terms of the award agreement governing these restricted stock units, the amount listed is subject to a one-year deferral beginning on February 9, 2019. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust performance-vested restricted stock unit automatically converted into a BB&T restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement.
(continued from footnote 1) Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist restricted stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger. These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 2,111.055 shares of SunTrust common stock.
Represents phantom stock units under the SunTrust Banks, Inc. Deferred Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust phantom stock unit automatically converted into a BB&T phantom stock unit in respect of shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist phantom stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust phantom stock units immediately prior to the effective time of the Merger.
These phantom stock units replaced SunTrust phantom stock units in respect of an aggregate 1,150.8843 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 6,304.802 shares of SunTrust common stock.
Represents performance-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding SunTrust performance-vested restricted stock unit automatically converted into a BB&T restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist restricted stock unit is subject to the same terms and conditions (including service-based vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 13,071.672 shares of SunTrust common stock.
These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 17,091.215 shares of SunTrust common stock.
Represents time-vested restricted stock units, each convertible into one share of common stock, under the SunTrust Banks, Inc. 2009 Stock Plan or the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. Pursuant to the Merger Agreement at the effective time of the Merger, each outstanding SunTrust time-vested restricted stock unit automatically converted into a BB&T time-vested restricted stock unit convertible into shares of BB&T common stock, with the number of underlying shares of BB&T common stock determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each Truist time- vested restricted stock unit is subject to the same terms and conditions (including vesting terms) as applied to the corresponding SunTrust time-vested restricted stock unit immediately prior to the effective time of the Merger.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 18,916.468 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,406.955 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,405.894 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,639.906 shares of SunTrust common stock.
The amount on the original Form 4 was overstated by 1 share due to rounding discrepancies.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 46,543.455 shares of SunTrust common stock.
Carla Brenwald, Attorney-in-fact
2020-02-11