Annual Statement of Changes in Beneficial Ownership (5)
February 12 2021 - 6:38PM
Edgar (US Regulatory)
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ]
Form 3 Holdings Reported
[ ]
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0362
Estimated average burden hours per response...
1.0
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
VINES TIMOTHY | 2. Issuer Name and Ticker or Trading SymbolREGIONS FINANCIAL CORP [RF] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
P. O. BOX 10247 | 3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 12/31/2020 |
(Street)
BIRMINGHAM, AL 35202-0247
(City)
(State)
(Zip)
| 4. If Amendment, Date Original Filed(MM/DD/YYYY) | 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3) | 2. Trans. Date | 2A. Deemed Execution Date, if any | 3. Trans. Code (Instr. 8) | 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) |
Amount | (A) or (D) | Price |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (MM/DD/YYYY) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Phantom Stock | | 12/31/2020 | | J (2) | 497.2781 | | (1) | (1) | Common Stock | 497.2781 | (2) | 15338.8667 | D | |
Restricted Stock Units | $0.0000 (3) | 12/31/2020 | | J (4) | 767.2179 | | (3) | (3) | Common Stock | 767.2179 | $0.0000 (4) | 20018.9055 | D | |
Explanation of Responses: |
(1) | The phantom stock was accrued under the Regions Financial Corporation Directors' Deferred Investment Plan. Each share of phantom stock is the economic equivalent of one share of Regions Financial Corporation common stock. The shares of phantom stock become payable in cash at the end of the deferral period elected by the reporting person in accordance with the Plan. |
(2) | Shares of phantom stock acquired quarterly in 2020 pursuant to a dividend reinvestment feature of the Regions Financial Corporation Directors' Deferred Investment Plan. |
(3) | Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock. |
(4) | Restricted stock units acquired quarterly in 2020 pursuant to a dividend reinvestment feature of the Regions Financial Corporation Directors' Deferred Restricted Stock Unit Plan. |
Remarks: Prior to January 1, 2021, the reporting person's phantom stock accrued under the Regions Financial Corporation Directors' Deferred Investment Plan was payable only in shares of common stock and, therefore, was reported in Table I. As of January 1, 2021, the Plan was amended to provide that all phantom stock accrued under the Plan, including amounts accrued prior to January 1, 2021, will now be payable in cash, not common stock, at the end of the deferral period elected by the reporting person in accordance with the Plan. Therefore, all of the reporting person's phantom stock accrued under the Plan, including phantom stock accrued prior to January 1, 2021, will be reported in Table II going forward. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
VINES TIMOTHY P. O. BOX 10247 BIRMINGHAM, AL 35202-0247 | X |
|
|
|
Signatures
|
Lachelle S. Koon - Attorney-in-Fact | | 2/12/2021 |
**Signature of Reporting Person | Date |
Regions Financial (NYSE:RF-B)
Historical Stock Chart
From Oct 2024 to Nov 2024
Regions Financial (NYSE:RF-B)
Historical Stock Chart
From Nov 2023 to Nov 2024