0001225208-20-003717.txt : 20200227
0001225208-20-003717.hdr.sgml : 20200227
20200227171202
ACCESSION NUMBER: 0001225208-20-003717
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200225
FILED AS OF DATE: 20200227
DATE AS OF CHANGE: 20200227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RATCLIFFE DAVID M
CENTRAL INDEX KEY: 0001195258
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 20663679
MAIL ADDRESS:
STREET 1: 214 N. TRYON STREET
STREET 2: BIN 10115
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
2020-02-25
0000092230
TRUIST FINANCIAL CORP
TFC
0001195258
RATCLIFFE DAVID M
214 N. TRYON STREET
CHARLOTTE
NC
28202
1
Common Stock
2020-02-25
4
A
0
2923.0000
0.0000
A
2923.0000
D
Common Stock
1645.0000
I
LLC
Common Stock
25900.0000
I
Trust
Phantom Stock Unit
Common Stock
37748.0000
37748.0000
D
Phantom Stock Units
Common Stock
35505.0000
35505.0000
D
Grant of Restricted Stock Units which cliff vest on December 31, 2020.
Represents phantom stock units issued under the SunTrust Banks, Inc. Directors' 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 29,149.597 shares of SunTrust common stock.
Represents phantom stock units issued 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 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 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 27,416.688 shares of SunTrust common stock.
Carla Brenwald, Attorney-in-fact
2020-02-27