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
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 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*
MILLER PETER D
(Last) (First) (Middle)
P O DRAWER 937
(Street)
GAINESVILLE GA 303050937
(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 Pres; Mem Lead Coun
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2004
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 01/02/2004 J(1) V 331.836 A $0 133,980.223 D
Common Stock 02/27/2004 X 2,021 A $20.849 136,001.223 D
Common Stock 02/27/2004 X 2,021 A $20.849 138,022.223 D
Common Stock 02/27/2004 X 2,022 A $20.849 140,044.223 D
Common Stock 02/27/2004 X 2,022 A $20.849 142,066.223 D
Common Stock 02/27/2004 X 2,022 A $20.849 144,088.223 D
Common Stock 02/27/2004 F 5,744 D $36.69 138,344.223 D
Common Stock 03/01/2004 F 8,569 D $37.104 129,775.223 D
Common Stock 13,851 I By Spouse
Common Stock 14,605 I CLM Associates LFP
Common Stock 50,891 I PDM Associates LP
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
Phantom Stock Units (401k) $0.00(2) 03/01/2004 J(2) V 157 (2) (2) Common Stock 157 $0 3,216 D
Stock Option $20.85 02/27/2004 X 2,021 01/11/1997 01/11/2006 Common Stock 2,021 $0 0.00 D
Stock Option $20.85 02/27/2004 X 2,021 01/11/1998 01/11/2006 Common Stock 2,021 $0 0.00 D
Stock Option $20.85 02/27/2004 X 2,022 01/11/1999 01/11/2006 Common Stock 2,022 $0 0.00 D
Stock Option $20.85 02/27/2004 X 2,022 01/11/2000 01/11/2006 Common Stock 2,022 $0 0.00 D
Stock Option $20.85 02/27/2004 X 2,022 01/11/2001 01/11/2006 Common Stock 2,022 $0 0.00 D
Stock Option $12.17 01/13/1996 01/13/2005 Common Stock 3,268 3,268 I CLM Associates LFP
Stock Option $12.17 03/01/1996 01/13/2005 Common Stock 13,072 13,072 I CLM Associates LFP
Stock Option $41.34 04/09/1999 04/09/2008 Common Stock 23,832 23,832 I CLM Associates LFP
Stock Option $26.06 01/09/1998 01/09/2007 Common Stock 2,218 2,218 D
Stock Option $41.34 04/09/1999 04/09/2008 Common Stock 2,418 2,418 D
Stock Option $35.66 08/30/2000 08/30/2009 Common Stock 26,250 26,250 D
Stock Option $31.68 02/19/2004 02/19/2010 Common Stock 37,500 37,500 D
Stock Option $31.68 02/19/2005 02/19/2010 Common Stock 18,750 18,750 D
Stock Option $31.68 02/19/2006 02/19/2010 Common Stock 18,750 18,750 D
Stock Option $20.09 03/15/2001 03/15/2010 Common Stock 60,000 60,000 D
Stock Option $27.91 01/16/2002 01/16/2011 Common Stock 40,000 40,000 D
Stock Option $27.91 01/16/2003 01/16/2011 Common Stock 20,000 20,000 D
Stock Option $27.91 01/16/2004 01/16/2011 Common Stock 20,000 20,000 D
Stock Option $30.9 01/22/2003 01/22/2012 Common Stock 40,000 40,000 D
Stock Option $30.9 01/22/2004 01/22/2012 Common Stock 20,000 20,000 D
Stock Option $30.9 01/22/2005 01/22/2012 Common Stock 20,000 20,000 D
Explanation of Responses:
1. Stock purchased through the dividend reinvestment program.
2. The reported phantom stock units were acquired under Regions' benefits plans.
Remarks:
By: Ronald C. Jackson 03/19/2004
** 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.
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