Kelly S. King - 15 Mar 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
15 Mar 2022
Net transactions value
-$1,562,072
Form type
4
Filing time
17 Mar 2022, 15:56:14 UTC
Previous filing
23 Feb 2022
Next filing
22 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Tax liability $1,562,072 -26,923 -20% $58.02 107,550 15 Mar 2022 Direct F1
holding TFC Common Stock 657 15 Mar 2022 By 401(k)
holding TFC Common Stock 302,204 15 Mar 2022 By GRAT
holding TFC Common Stock 57,409 15 Mar 2022 By Spouse F2
holding TFC Common Stock 127,234 15 Mar 2022 By IRA F3

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
holding TFC Stock Option (right to buy) 120,714 15 Mar 2022 Common Stock 120,714 $38.22 Direct F4
holding TFC Stock Option (right to buy) 155,555 15 Mar 2022 Common Stock 155,555 $32.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 66.107 shares acquired in March 2022, under the Issuer's Dividend Reinvestment Plan.
F2 Includes 10.133 shares acquired in March 2022, under the Issuer's Dividend Reinvestment Plan.
F3 Includes 974.964 shares acquired in March 2022, under the Issuer's Dividend Reinvestment Plan.
F4 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.
F5 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.