0001225208-20-002543.txt : 20200218
0001225208-20-002543.hdr.sgml : 20200218
20200218152401
ACCESSION NUMBER: 0001225208-20-002543
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200213
FILED AS OF DATE: 20200218
DATE AS OF CHANGE: 20200218
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: 001-10853
FILM NUMBER: 20624959
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
2020-02-13
0000092230
TRUIST FINANCIAL CORP
TFC
0001701995
Cummins Hugh S. III
214 N. TRYON STREET
CHARLOTTE
NC
28202
1
Sr. Executive Vice President
Common Stock
2020-02-13
4
M
0
5568.0000
54.8200
A
147010.0000
D
Common Stock
2020-02-13
4
F
0
2512.0000
54.8200
D
144498.0000
D
Common Stock
2020-02-14
4
M
0
25129.0000
54.9400
A
169627.0000
D
Common Stock
2020-02-14
4
M
0
2761.0000
54.9400
A
172388.0000
D
Common Stock
2020-02-14
4
F
0
1181.0000
54.9400
D
171207.0000
D
Common Stock
2020-02-14
4
F
0
11334.0000
54.9400
D
159873.0000
D
Common Stock
3705.3667
I
By 401(k)
Restricted Stock Units
2020-02-13
4
M
0
5568.0000
D
2020-02-13
2020-02-13
Common Stock
5568.0000
0.0000
D
Restricted Stock Unit
2020-02-14
4
M
0
25129.0000
D
2020-02-14
2020-02-14
Common Stock
25129.0000
3645.0000
D
Restricted Stock Units
2020-02-14
4
M
0
2761.0000
D
2020-02-14
2020-02-14
Common Stock
2761.0000
0.0000
D
Phantom Stock Units - Deferred Comp
Common Stock
1501.0000
1501.0000
D
Restricted Stock Unit
2021-02-13
2021-02-13
Common Stock
51508.0000
51508.0000
D
Restricted Stock Units
2021-02-08
2021-02-08
Common Stock
22454.0000
22454.0000
D
Restricted Stock Units
2022-02-08
2022-02-08
Common Stock
22453.0000
22453.0000
D
Restricted Stock Units
2021-02-13
2021-02-13
Common Stock
5567.0000
5567.0000
D
Restricted Stock Units
2022-10-01
2022-10-01
Common Stock
80209.0000
80209.0000
D
Stock Option (right to buy)
16.7300
2022-02-14
Common Stock
59052.0000
59052.0000
D
Stock Option (right to buy)
21.1700
2023-02-26
Common Stock
55924.0000
55924.0000
D
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 4,299.445 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 performance-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 22,219.227 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 2,131.878 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 unit immediately prior to the effective time of the Merger.
These phantom stock units replaced SunTrust phantom stock units in respect of an aggregate 1,158.7489 shares of SunTrust common stock.
These restricted stock units replaced SunTrust performance-vested restricted stock units in respect of an aggregate 39,774.347 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 17,339.235 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 17,338.204 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 4,298.384 shares of SunTrust common stock.
These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 61,937.086 shares of SunTrust common stock.
Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding and unexercised option to purchase shares of SunTrust common stock automatically converted into an option to purchase shares of BB&T common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Following and in connection with the Merger, BB&T changed its name to Truist. Each option to purchase shares of Truist common stock is subject to the same terms and conditions (including vesting and exercisability terms) as the corresponding option to purchase shares of SunTrust common stock immediately prior to the effective time of the Merger.
This option replaced an option to purchase 45,600 shares of SunTrust common stock at an exercise price of $21.67.
This option replaced an option to purchase 43,185 shares of SunTrust common stock at an exercise price of $27.41.
Carla Brenwald, Attorney-in-fact
2020-02-18