Kelly S. King - Apr 20, 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Apr 20, 2022
Transactions value $
-$1,538
Form type
4
Date filed
4/22/2022, 06:03 PM
Previous filing
Mar 17, 2022
Next filing
Jul 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Sale -$1 -0.01 0% $52.01 108K Apr 20, 2022 Direct
transaction TFC Common Stock Sale -$30 -0.573 0% $52.01 57.4K Apr 20, 2022 By Spouse
transaction TFC Common Stock Sale -$1.51K -28.7 -2.27% $52.55 1.24K Apr 21, 2022 By 401(k) F1
holding TFC Common Stock 302K Apr 20, 2022 By GRAT
holding TFC Common Stock 127K Apr 20, 2022 By IRA

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) 121K Apr 20, 2022 Common Stock 121K $38.22 Direct F2
holding TFC Stock Option (right to buy) 156K Apr 20, 2022 Common Stock 156K $32.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 608.921 shares acquired between January 1, 2022 and March 31, 2022, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2022 through March 31, 2022.
F2 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.
F3 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.