X0306 4 2020-02-07 0000092230 TRUIST FINANCIAL CORP TFC 0001203249 FITZSIMMONS ELLEN M 214 N. TRYON STREET CHARLOTTE NC 28202 1 Chief Legal Officer Common Stock 2020-02-07 4 M 0 9800.0000 0 A 11414.0000 D Common Stock 2020-02-07 4 F 0 2911.0000 54.2700 D 8503.0000 D Common Stock 54.0000 I By Trust Restricted Stock Units 2020-02-07 4 M 0 9800.0000 54.2700 D 2020-02-08 2020-02-08 Common Stock 9800.0000 0.0000 D Restricted Stock Unit 2021-02-13 2021-02-13 Common Stock 22477.0000 22477.0000 D Restricted Stock Units 2021-02-08 2021-02-08 Common Stock 9798.0000 9798.0000 D Restricted Stock Units 2022-02-08 2022-02-08 Common Stock 9798.0000 9798.0000 D Restricted Stock Units 2020-02-13 2020-02-13 Common Stock 2430.0000 2430.0000 D Restricted Stock Units 2021-02-13 2021-02-13 Common Stock 2428.0000 2428.0000 D Restricted Stock Units 2022-10-01 2022-10-01 Common Stock 48220.0000 48220.0000 D Price $54.270 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 7,567.207 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 time-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 17,356.896 shares of SunTrust common stock. These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.175 shares of SunTrust common stock. These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 7,566.173 shares of SunTrust common stock. These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,876.297 shares of SunTrust common stock. These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 1,876.233 shares of SunTrust common stock. The amount on the original Form 4 was overstated by 2 shares due to rounding discrepancies. These time-vested restricted stock units replaced SunTrust time-vested restricted stock units in respect of an aggregate 37,235.583 shares of SunTrust common stock. Carla Brenwald, Attorney-in-fact 2020-02-11