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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Stock (3) | (3) | (3) | (3) | Common Stock | 1,716.5 | 1,716.5 | D | ||||||||
Phantom Stock (6) | (6) | (6) | (6) | Common Stock | 10,933.86 | 10,933.86 | D | ||||||||
Phantom Stock (4) | (4) | 02/24/2014 | M | 26,791.319 | 02/24/2014 | 02/24/2022 | Common Stock | 26,791.319 | (4) | 26,791.319 | D | ||||
Phantom Stock (4) | (4) | 02/24/2014 | F | 8,978 | (4) | (4) | Common Stock | 8,978 | $ 37.84 | 17,813.319 | D | ||||
Phantom Stock (8) | (8) | 02/21/2014 | A | 13,449 | 02/21/2015 | (8) | Common Stock | 13,449 | (8) | 13,449 | D | ||||
Phantom Stock (8) | (8) | 02/21/2014 | A | 13,449 | 02/21/2016 | (8) | Common Stock | 13,449 | (8) | 13,449 | D | ||||
Phantom Stock (8) | (8) | 02/21/2014 | A | 13,450 | 02/21/2017 | (8) | Common Stock | 13,450 | (8) | 13,450 | D | ||||
Option (5) | $ 73.19 | 02/10/2007 | 02/10/2014 | Common Stock | 18,000 | 18,000 | D | ||||||||
Option (5) | $ 73.14 | 02/08/2008 | 02/08/2015 | Common Stock | 18,000 | 18,000 | D | ||||||||
Option (5) | $ 71.03 | 02/14/2009 | 02/14/2016 | Common Stock | 32,000 | 32,000 | D | ||||||||
Option (5) | $ 85.06 | 02/13/2010 | 02/13/2017 | Common Stock | 35,000 | 35,000 | D | ||||||||
Option (5) | $ 64.58 | 02/12/2011 | 02/12/2018 | Common Stock | 88,800 | 88,800 | D | ||||||||
Option (5) | $ 29.54 | 12/31/2011 | 12/31/2018 | Common Stock | 100,000 | 100,000 | D | ||||||||
Option (7) | $ 29.2 | 04/01/2012 | 04/01/2021 | Common Stock | 84,439 | 84,439 | D | ||||||||
Option (6) | $ 21.67 | (6) | 02/14/2022 | Common Stock | 136,200 | 136,200 | D | ||||||||
Option (6) | $ 27.41 | 02/26/2014 | 02/26/2023 | Common Stock | 36,707 | 36,707 | D | ||||||||
Option (6) | $ 27.41 | 02/26/2015 | 02/26/2023 | Common Stock | 36,707 | 36,707 | D | ||||||||
Option (6) | $ 27.41 | 02/26/2016 | 02/26/2023 | Common Stock | 36,707 | 36,707 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ROGERS WILLIAM H JR 303 PEACHTREE STREET, N.E. ATLANTA, GA 30308 |
Chairman and CEO |
David A. Wisniewski, Attorney-in-Fact for William H. Rogers, Jr. | 02/25/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. This plan is exempt under Rule 16(3)-3. |
(2) | 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. |
(3) | The phantom stock units were acquired under the SunTrust Banks, Inc. Deferred Compensation Plan and convert to common stock on a one-to-one basis. |
(4) | Represents satisfaction of return on asset performance condition of performance-vested restricted stock units granted on 2/14/2012. Granted under the 2009 Stock Plan. Award will settle in shares in February, 2015. |
(5) | Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan. |
(6) | Reflects satisfaction of performance vesting condition (Tier 1 Capital) as of December 31, 2011 with respect to restricted stock units originally granted under the SunTrusts, Inc. 2009 Stock Plan on april 26, 2011. Grant was exempt pursuant to Rule 16b-3. Award remains subject to time-vesting criterion and will vest pro rata annually (i.e. one-third each year) and will vest post-retirement provided certain noncompetition and other restrictive covenants re performed. Includes shares acquired upon divident reinvestment. |
(7) | Granted pursuent to the SunTrust Banks, Inc. 2009 Stock Plan. |
(8) | Represents time-vested phantom stock granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. The restricted stock unit agreements contain tax withholding provisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares. |