0000750556-19-000205.txt : 20191121
0000750556-19-000205.hdr.sgml : 20191121
20191121153547
ACCESSION NUMBER: 0000750556-19-000205
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191121
FILED AS OF DATE: 20191121
DATE AS OF CHANGE: 20191121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chancy Mark A
CENTRAL INDEX KEY: 0001300651
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08918
FILM NUMBER: 191237363
MAIL ADDRESS:
STREET 1: 303 PEACHTREE ST.
STREET 2: 30TH FLOOR
CITY: ATLANTA
STATE: GA
ZIP: 30308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SUNTRUST BANKS INC
CENTRAL INDEX KEY: 0000750556
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 581575035
STATE OF INCORPORATION: GA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 303 PEACHTREE ST NE
CITY: ATLANTA
STATE: GA
ZIP: 30308
BUSINESS PHONE: 4045887711
MAIL ADDRESS:
STREET 1: 303 PEACHTREE ST NE
CITY: ATLANTA
STATE: GA
ZIP: 30308
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2019-11-21
0000750556
SUNTRUST BANKS INC
STI
0001300651
Chancy Mark A
303 PEACHTREE STREET, N.E.
ATLANTA
GA
30308
0
1
0
0
Vice Chairman, Consumer Exec.
Common Stock
2019-11-21
4
S
0
15000
70.1187
D
195156.926
D
Common Stock
1317.6715
I
401(k)
Phantom Stock Units
Common Stock
2579.6636
2579.6636
D
Phantom Stock Units
2020-02-09
2020-02-09
Common Stock
49869.194
49869.194
D
Option
27.41
2014-02-26
2023-02-26
Common Stock
14949
14949
D
Option
27.41
2015-02-26
2023-02-26
Common Stock
14949
14949
D
Option
27.41
2016-02-26
2023-02-26
Common Stock
14948
14948
D
Phantom Stock Units
2020-02-14
Common Stock
8155.7308
2928.749
D
Phantom Stock Units
2020-02-13
Common Stock
4544.834
4544.834
D
Phantom Stock Units
2021-02-13
Common Stock
4652.47
4652.47
D
Phantom Stock Units
2020-02-08
Common Stock
18768.517
18768.517
D
Phantom Stock Units
2021-02-08
Common Stock
18767.494
18767.494
D
Phantom Stock Units
2022-02-08
Common Stock
18767.494
18767.494
D
Phantom Stock Units
2019-02-09
Common Stock
3770.144
3770.144
D
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 SunTrust stock on the applicable measurement date.
Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These units convert to common stock on a one-for-one basis.
Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan. The plan is exempt under Rule 16b-03. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.
Represents performance-vested restricted stock units granted on February 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the saisfaction of EPS/ROTCE/TSR performance conditions. Performance resulted in the award vesting at 140% of target; because performance resulted in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one-year deferral The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfy withholding obligations. Units will be settled in shares.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $70.10 to $70.155. The reporting person has provided to SunTrust Banks, Inc. full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Curt Phillips, Attorney-in-Fact for Mark A. Chancy
2019-11-21