Statement of Changes in Beneficial Ownership (4)
21 12월 2019 - 7:31AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
KING KELLY S |
2. Issuer Name and Ticker or Trading Symbol
TRUIST FINANCIAL CORP
[
TFC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CEO |
(Last)
(First)
(Middle)
214 N. TRYON STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/18/2019 |
(Street)
CHARLOTTE, NC 28202
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 12/18/2019 | | G |
V
| 8979.0000 | A | $0.0000 | 356827.7470 (1) | D | |
Common Stock | 12/18/2019 | | G |
V
| 8979.0000 | D | $0.0000 | 56131.2800 (2) | I | By Spouse |
Common Stock | | | | | | | | 9801.6120 | I | By 401(k) |
Common Stock | | | | | | | | 106707.4490 (3) | I | By IRA |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (right to buy) | $32.1000 | | | | | | | 3/15/2017 (4) | 2/23/2026 | Common Stock | 155555.0000 | | 155555.0000 | D | |
Stock Option (right to buy) | $37.5500 | | | | | | | 2/25/2015 (5) | 2/25/2024 | Common Stock | 71611.0000 | | 71611.0000 | D | |
Stock Option (right to buy) | $38.2200 | | | | | | | 3/15/2016 (6) | 2/24/2025 | Common Stock | 120714.0000 | | 120714.0000 | D | |
Explanation of Responses: |
(1) | Includes 2,847.189 shares acquired in December 2019, under the Issuer's Dividend Reinvestment Plan. |
(2) | Includes 532.936 shares acquired in December 2019, under the Issuer's Dividend Reinvestment Plan. |
(3) | Includes 870.355 shares acquired in December 2019, under the Dividend Reinvestment Plans. |
(4) | On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned. |
(5) | On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in 23,873 options being earned. |
(6) | On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
KING KELLY S 214 N. TRYON STREET CHARLOTTE, NC 28202 | X |
| Chairman and CEO |
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Signatures
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Carla Brenwald, Attorney-in-fact | | 12/20/2019 |
**Signature of Reporting Person | Date |
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