Kelly S. King - Oct 18, 2021 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Oct 18, 2021
Transactions value $
-$1,749,672
Form type
4
Date filed
10/20/2021, 04:13 PM
Previous filing
Aug 16, 2021
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Options Exercise $2.69M +71.6K +69.39% $37.55 175K Oct 18, 2021 Direct F1
transaction TFC Common Stock Sale -$4.44M -71.6K -40.96% $61.98 103K Oct 18, 2021 Direct F2
holding TFC Common Stock 302K Oct 18, 2021 By GRAT
holding TFC Common Stock 651 Oct 18, 2021 By 401(k) F3
holding TFC Common Stock 125K Oct 18, 2021 By IRA F4
holding TFC Common Stock 57.4K Oct 18, 2021 By Spouse F5

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 TFC Stock Option (right to buy) Options Exercise $0 -71.6K -100% $0.00* 0 Oct 18, 2021 Common Stock 71.6K $37.55 Direct
holding TFC Stock Option (right to buy) 121K Oct 18, 2021 Common Stock 121K $38.22 Direct F6
holding TFC Stock Option (right to buy) 156K Oct 18, 2021 Common Stock 156K $32.10 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 68.957 shares acquired in September 2021, under the Issuer's Dividend Reinvestment Plan.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $61.9200 to $62.1050. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 Includes 5.495 shares acquired between July 1, 2021 and September 30, 2021, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated July 1, 2021 through September 30, 2021.
F4 Includes 1,044.433 shares acquired in September 2021, under Dividend Reinvestment Plans.
F5 Includes 10.570 shares acquired in September 2021, under the Issuer's Dividend Reinvestment Plan.
F6 On February 24, 2015, the reporting person was granted an option to purchase 120,714 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 40,239 options being earned.
F7 On February 23, 2016, the reporting person was granted an option to purchase 155,555 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 51,852 options being earned.