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REGIONS FINANCIAL CORP — Director's Dealing 2020
Apr 3, 2020
30234_dirs_2020-04-03_35498dfa-dcc3-4a9a-b9c4-be041ed65f74.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REGIONS FINANCIAL CORP (RF)
CIK: 0001281761
Period of Report: 2020-04-01
Reporting Person: Turner John M JR (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-01 | Performance Stock Units (2020) | $ | A | 161970.0000 | Acquired | Common Stock (242955.0000) | Direct | |
| 2020-04-01 | Restricted Stock Units | $0.0000 | A | 161970.0000 | Acquired | Common Stock (161970.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 276185.9999 | Direct |
| Common Stock | 4153.0881 | Indirect |
| Common Stock (phantom stock) | 6353.9745 | Indirect |
Footnotes
F1: Expressed as ownership units in the respective plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock.
F2: Each performance stock unit is the economic equivalent of up to one and one-half shares of Regions Financial Corporation common stock with deemed reinvestment of dividends.
F3: The target number of shares underlying the performance stock units is equal to the number of units. The actual number of underlying shares could range from 0% to 150% of the target amount depending on the level of company achievement of performance thresholds and goals during the performance period from January 1, 2020, through December 31, 2022.
F4: The performance stock units will be settled in shares of common stock as of April 1, 2023, subject to a service requirement and performance thresholds and goals and subject to earlier vesting in whole or in part under certain conditions.
F5: Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends.
F6: The restricted stock units will be settled in shares of common stock as of April 1, 2023, subject to a service requirement and performance thresholds and subject to earlier vesting in whole or in part under certain conditions.