SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KING KELLY S

(Last)

(First)

(Middle)

PO BOX 1250

(Street)

WINSTON-SALEM

27102-1250

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BB&T CORP [ BBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/23/2016		A		20,634⁽¹⁾	A	$0.0000	303,631.697	D
Common Stock	02/23/2016		A		19,885⁽²⁾	A	$0.0000	323,516.697	D
Common Stock	02/23/2016		A		4,946⁽³⁾	A	$0.0000	328,462.697	D
Common Stock								5,970.178	I	By 401(k)
Common Stock								94,553.112	I	By IRA
Common Stock								57,700.185	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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 Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$37.55	02/23/2016		A		23,871		02/25/2015⁽⁴⁾	02/25/2024	Common Stock	23,871	$0.0000	47,738	D
Stock Option (right to buy)	$38.22	02/23/2016		A		40,237		03/15/2016⁽⁵⁾	02/24/2025	Common Stock	40,237	$0.0000	40,237	D
Stock Option (right to buy)	$44.15							02/20/2008⁽⁶⁾	02/20/2017	Common Stock	126,294		126,294	D
Stock Option (right to buy)	$30.09							02/21/2013⁽⁷⁾	02/21/2022	Common Stock	180,789		180,789	D
Stock Option (right to buy)	$27.73							02/22/2012⁽⁸⁾	02/22/2021	Common Stock	126,372		126,372	D
Stock Option (right to buy)	$27.75							02/23/2011⁽⁹⁾	02/23/2020	Common Stock	164,062		164,062	D
Stock Option (right to buy)	$16.88							02/24/2010⁽¹⁰⁾	02/24/2019	Common Stock	46,216		46,216	D
Stock Option (right to buy)	$34.29							02/26/2009⁽¹¹⁾	02/26/2018	Common Stock	162,415		162,415	D
Stock Option (right to buy)	$30.08							02/26/2014⁽¹²⁾	02/26/2023	Common Stock	101,806		101,806	D

Explanation of Responses:

1. On February 24, 2015, the reporting person was granted 61,904 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2016, 2017, and 2018. The performance criteria for 2016 were met, resulting in vesting of 20,634 restricted stock units.

2. On February 25, 2014, the reporting person was granted 59,653 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year February 25, 2015, 2016, and 2017. The performance criteria for 2016 were met, resulting in vesting of 19,885 restricted stock units.

3. Performance Based Restricted Stock Units granted February 26, 2013 on which the performance criteria has been met. The shares will vest on February 26, 2016.

4. On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2016 were met, resulting in vesting of the option as to 23,871 shares.

5. 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 March 15, 2016, 2017, and 2018. The performance criteria for 2016 were met, resulting in vesting of the option as to 40,237 shares.

6. The option is exercisable in five equal annual installments beginning on 2/20/2008.

7. The option is exercisable in four equal annual installments beginning on 02/21/2013.

8. The option is exercisable in four equal annual installments beginning on 2/22/2012.

9. The option is exercisable in four equal annual installments beginning on 02/23/2011.

10. The option is exercisable in five equal annual installments beginning on 02/24/2010.

11. The option is exercisable in five equal annual installments beginning on 2/26/2009.

12. The option is exercisable in three equal annual installments beginning on 02/26/2014.

	Sallie Stone, Attorney-in-fact	02/25/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.