WELLS JAMES M III 4

Accession 0000750556-12-000001

CIK 0000750556other

View on SEC.gov Company Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 2:14 PM ET

Size

24.9 KB

Accession

0000750556-12-000001

Insider Transaction Report

Form 4

Period: 2011-12-31

SUNTRUST BANKS INCSTI

WELLS JAMES M III

DirectorChairman, President and CEO

Transactions

Award
Phantom Stock
2011-12-31+32,012→ 32,012 total
→ Common Stock (32,012 underlying)
Disposition to Issuer
Option
2011-12-31−9,360→ 240,640 total
Exercise: $9.06From: 2011-12-31Exp: 2019-02-10→ Common Stock (240,640 underlying)
Disposition to Issuer
Common Stock
2011-12-31$17.70/sh−17,543$310,511→ 227,503.596 total

Holdings

Common Stock
(indirect: By Spouse)
12,267
Option
Exercise: $29.20From: 2012-04-01Exp: 2021-04-01→ Common Stock (84,439 underlying)
84,439
Option
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (100,000 underlying)
100,000
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (163,000 underlying)
163,000
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (250,000 underlying)
250,000
Common Stock
(indirect: GRAT)
8,184.882
Phantom Stock
→ Common Stock (57,560.844 underlying)
57,560.844
Phantom Stock
→ Common Stock (7,949.446 underlying)
7,949.446
Common Stock
(indirect: By 401(k))
1,713.616
Option
Exercise: $73.14From: 2008-02-08Exp: 2015-02-08→ Common Stock (60,000 underlying)
60,000

Footnotes (9)

[F1]Reflects pro rata vesting upon retirement and netting of shares to satisfy applicable withholding taxes of restricted stock granted in 2009. Also reflects forfeiture of 62,913 shares of restricted stock granted in 2010.
[F2]Because the stock fund components of the 401(k) Plan is accounted for in unit accounting, the number of shares equivalents varies based on the closing price of SunTrust Stock on the applicable measurement date.
[F3]Includes shares acquired upon dividend reinvestment since reporting person's last report.
[F4]The reported phantom stock units were acquired under SunTrust Banks, Inc's Deferred Compensation Plan. These phantom stock units convert to common stock on a one-for-one basis.
[F5]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. Remainder will be settled on March 31, 2012, unless settled earlier due to executive's death.
[F6]Reflects satisfaction of performance vesting condition (Tier 1 Capital) as of December 31, 2011 with respect to restricted stock units originally granted under the SunTrust Banks, Inc. 2009 Stock Plan on April 1, 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 are performed.
[F7]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
[F8]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
[F9]Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vest annually over three years.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

SUNTRUST BANKS INC

CIK 0000750556

→

Entity typeother

Related Parties

filerCIK 0001182006

Filing Metadata

Form type: 4
Filed: Jan 3, 7:00 PM ET
Accepted: Jan 4, 2:14 PM ET
Size: 24.9 KB

View on SEC.gov