GREG D. CARMICHAEL - 07 Feb 2022 Form 4 Insider Report for FIFTH THIRD BANCORP (FITB)

Signature
/s/ Christopher R. England, as Attorney-in-Fact for Greg D. Carmichael
Issuer symbol
FITB
Transactions as of
07 Feb 2022
Net transactions value
-$5,304,612
Form type
4
Filing time
09 Feb 2022, 15:23:17 UTC
Previous filing
08 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FITB Common Stock Options Exercise $2,284,369 +141,447 +23% $16.15 745,630 07 Feb 2022 Direct
transaction FITB Common Stock Tax liability $4,258,103 -88,123 -12% $48.32 657,507 07 Feb 2022 Direct
transaction FITB Common Stock Sale $3,330,877 -67,687 -10% $49.21 589,820 09 Feb 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FITB Stock Appreciation Rights Options Exercise $0 -141,447 -100% $0.000000* 0 07 Feb 2022 Common Stock 141,447 $16.15 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.10 to $49.38, inclusive. The reporting person undertakes to provide to Fifth Third Bancorp, any of its security holders or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2 Indicates grant date. Stock appreciation rights are exercisable in fourths beginning on the first anniversary of the grant date with one-fourth of the total grant vesting annually over a four-year period.
F3 Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.