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*
FLEISCHAUER JOHN I JR
(Last) (First) (Middle)
P O BOX 1471
(Street)
LITTLE ROCK AR 72203
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REGIONS FINANCIAL CORP [ RF ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Regional CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2006
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)
Code V Amount (A) or (D) Price
Common Stock 02/21/2006 X 92,568 A $22.603 167,472.632 D
Common Stock 02/21/2006 X 1,333 A $25.024 168,805.632 D
Common Stock 02/21/2006 X 23,216 A $28.881 192,021.632 D
Common Stock 02/21/2006 X 92,595 A $25.656 284,616.632 D
Common Stock 02/21/2006 S 209,712 D $34.627 74,904.632 D
Common Stock 02/22/2006 X 97,435 A $25.024 172,339.632 D
Common Stock 02/22/2006 X 107,565 A $28.171 279,904.632 D
Common Stock 02/22/2006 S 205,000 D $34.972 74,904.632 D
Common Stock (Trust) 38,248 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $28.88 02/21/2006 X 23,216 08/30/2000 08/30/2009 Common Stock 23,216 $0 0.00 D
Stock Option $25.66 02/21/2006 X 46,298 02/19/2004 02/19/2010 Common Stock 46,298 $0 0.00 D
Stock Option $25.66 02/21/2006 X 23,148 02/19/2005 02/19/2010 Common Stock 23,148 $0 0.00 D
Stock Option $25.66 02/21/2006 X 23,149 12/19/2006 02/19/2010 Common Stock 23,149 $0 0.00 D
Stock Option $22.6 02/21/2006 X 43,184 01/16/2002 01/16/2011 Common Stock 43,184 $0 0.00 D
Stock Option $22.6 02/21/2006 X 24,692 01/16/2003 01/16/2011 Common Stock 24,692 $0 0.00 D
Stock Option $22.6 02/21/2006 X 24,692 01/16/2004 01/16/2011 Common Stock 24,692 $0 0.00 D
Stock Option $25.02 02/21/2006 X 1,333 01/22/2005 01/22/2012 Common Stock 1,333 $0 23,359 D
Stock Option $28.17 02/22/2006 X 107,565 (1) 04/21/2011 Common Stock 107,565 $0 3,549 D
Stock Option $25.02 02/22/2006 X 49,384 01/22/2003 01/22/2012 Common Stock 49,384 $0 0.00 D
Stock Option $25.02 02/22/2006 X 24,692 01/22/2004 01/22/2012 Common Stock 24,692 $0 0.00 D
Stock Option $25.02 02/22/2006 X 23,359 01/22/2005 01/22/2012 Common Stock 23,359 $0 0.00 D
Phantom Stock Units (401k) $0.00(2) (2) (2) Common Stock 1,213 1,213 D
Stock Option $33.51 07/31/1999 07/31/2008 Common Stock 18,519 18,519 D
Stock Option $33.82 (3) 10/15/2011 Common Stock 90,000 90,000 D
Stock Option $34.46 (4) 01/18/2013 Common Stock 56,434 56,434 D
Explanation of Responses:
1. The remaining shares on this option become exercisable on April 21, 2007.
2. The reported phantom stock units were acquired under Regions' benefit plans.
3. The option becomes exercisable in two equal installments on October 15, 2006 and 2007.
4. The option becomes exercisable in three equal installments on January 18, 2007, 2008 and 2009.
Remarks:
By: Ronald C. Jackson 02/22/2006
** 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.