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TRUIST FINANCIAL CORP — Director's Dealing 2021
Feb 25, 2021
29975_dirs_2021-02-24_ba283974-344b-4b30-b581-7ca056a21ccd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRUIST FINANCIAL CORP (TFC)
CIK: 0000092230
Period of Report: 2021-02-22
Reporting Person: Bible Daryl N. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Stock | A | 13435.0000 | $0.0000 | Acquired | 179794.0000 | Direct |
| 2021-02-22 | Common Stock | A | 4296.0000 | $0.0000 | Acquired | 184090.0000 | Direct |
| 2021-02-22 | Common Stock | A | 4255.0000 | $0.0000 | Acquired | 188345.0000 | Direct |
| 2021-02-22 | Common Stock | A | 3583.0000 | $0.0000 | Acquired | 191928.0000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $32.1000 | 2026-02-23 | Common Stock (48175.0000) | 48175.0000 | Direct |
| Stock Option (right to buy) | $37.5500 | 2024-02-25 | Common Stock (22629.0000) | 22629.0000 | Direct |
| Stock Option (right to buy) | $38.2200 | 2025-02-24 | Common Stock (37565.0000) | 37565.0000 | Direct |
Footnotes
F1: On February 20, 2018, the reporting person was granted 10,748 performance-vested restricted stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2018 through December 31, 2020) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at greater than the Target Level of Achievement, resulting in 13,435 shares being earned.
F2: On February 24, 2020, the reporting person was granted 17,184 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2021 were met, resulting in 4,296 restricted stock units being earned.
F3: On February 26, 2019, the reporting person was granted 12,765 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2021 were met, resulting in 4,255 restricted stock units being earned.
F4: On February 20, 2018, the reporting person was granted 10,748 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2019, 2020, and 2021. The performance criteria for 2021 were met, resulting in 3,583 restricted stock units being earned.
F5: On February 23, 2016, the reporting person was granted an option to purchase 48,175 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 16,058 options being earned.
F6: On February 25, 2014, the reporting person was granted an option to purchase 22,629 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 7,544 options being earned.
F7: On February 24, 2015, the reporting person was granted an option to purchase 37,565 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 12,522 options being earned.