0001225208-21-002057.txt : 20210210
0001225208-21-002057.hdr.sgml : 20210210
20210210172739
ACCESSION NUMBER: 0001225208-21-002057
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210208
FILED AS OF DATE: 20210210
DATE AS OF CHANGE: 20210210
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROGERS WILLIAM H JR
CENTRAL INDEX KEY: 0001182002
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 21615218
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
2021-02-08
0000092230
TRUIST FINANCIAL CORP
TFC
0001182002
ROGERS WILLIAM H JR
214 N. TRYON STREET
CHARLOTTE
NC
28202
1
1
President and COO
Common Stock
2021-02-08
4
M
0
46825.0130
0
A
702598.6960
D
Common Stock
2021-02-08
4
F
0
19831.0000
52.9700
D
682767.6960
D
Common Stock
10749.9630
I
By 401(k)
Common Stock
300000.0000
I
By grantor retained annuity trust
Restricted Stock Units
2021-02-08
4
M
0
46825.0130
0.0000
D
2021-02-08
2021-02-08
Common Stock
46825.0130
0.0000
D
Phantom Stock Unit
Common Stock
2656.8475
2656.8475
D
Restricted Stock Unit
2021-02-13
2021-02-13
Common Stock
101551.3360
101551.3360
D
Restricted Stock Unit
2020-02-14
2020-02-14
Common Stock
14635.8790
14635.8790
D
Restricted Stock Units
2022-02-08
2022-02-08
Common Stock
46822.9280
46822.9280
D
Restricted Stock Units
2021-02-13
2021-02-13
Common Stock
10976.1270
10976.1270
D
Stock Option (right to buy)
21.1700
2023-02-26
Common Stock
142606.0000
142606.0000
D
Price $52.970
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 Truist time-vested restricted stock unit convertible into shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. 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.
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 Truist phantom stock unit in respect of shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. 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.
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 Truist restricted stock unit convertible into shares of Truist common stock, with the number of underlying shares of Truist common stock determined as set forth in the Merger Agreement. Each Truist performance-vested 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.
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 Truist common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. 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.
Carla Brenwald, Attorney-in-fact
2021-02-10