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*
WILSON CHARLES L

(Last) (First) (Middle)
P O BOX 1250

(Street)
WINSTON-SALEM NC 271021250

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Exec. V.P.
3. Date of Earliest Transaction (Month/Day/Year)
12/09/2003
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 12/09/2003 M 8,682 A $10.22 8,766.599(1) D
Common Stock 12/09/2003 S 1,200 D $38.42 7,566.599 D
Common Stock 12/09/2003 S 7,482 D $38.35 84.599 D
Common Stock 39,088.986(2) I By 401(k)
Common Stock 2,390.762(3) I By Custodian For Child- Charles IV
Common Stock 1,649.937(4) I By Custodian For Child- Louis
Common Stock 931.626(5) I By Custodian For Child- Robert
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
Employee Stock Option (right to buy) $10.2155 12/09/2003 M 8,682 03/01/1995(6) 03/01/2004 Common Stock 8,682 $10.2155 0 D
Employee Stock Option (right to buy) $23.9375 02/22/2001(12) 02/22/2010 Common Stock 21,127 21,127 D
Employee Stock Option (right to buy) $36.59 02/27/2002(13) 02/27/2011 Common Stock 14,778 14,778 D
Employee Stock Option (right to buy) $36.84 02/26/2003(14) 02/26/2012 Common Stock 15,814 15,814 D
Employee Stock Option (right to buy) $9.3965 12/20/1995(7) 12/20/2004 Common Stock 9,744 9,744 D
Employee Stock Option (right to buy) $13.1875 12/19/1996(8) 12/18/2005 Common Stock 15,094 15,094 D
Employee Stock Option (right to buy) $20.1875 02/25/1998(9) 02/24/2007 Common Stock 11,038 11,038 D
Employee Stock Option (Right to Buy) $32.66 02/25/2004(15) 02/25/2013 Common Stock 43,791 43,791 D
Employee Stock Option (right to buy) $31 02/24/1999(10) 02/23/2008 Common Stock 8,162 8,162 D
Employee Stock Option (right to buy) $36.3125 02/23/2000(11) 02/23/2009 Common Stock 7,267 7,267 D
Explanation of Responses:
1. Includes 0.7310 shares acquired in May, 0.765 shares acquired in August, and 0.6850 shares acquired in November under the Issuer's Dividend Reinvestment Plan.
2. Between January 1, 2003 and September 30, 2003 the reporting person acquired 1,639.937 shares of common stock under the Issuer's 401(k) plan. The information in this report is based on plan statements dated as of March 31, 2003; June 30,2003 , and September 30, 2003..
3. Includes 20.662 shares acquired in May, 21.604 shares acquired in August, and 19.353 shares acquired in November under the Issuer's Dividend Reinvestment Plan.
4. Includes 14.260 shares acquired in May, 14.910 shares acquired in August, and 13.356 shares acquired in November under the Issuer's Dividend Reinvestment Plan.
5. Includes 8.0520 shares acquired in May, 8.419 shares acquired in August, and 7.541 shares acquired in November under the Issuer's Dividend Reinvestment Plan.
6. The options were exercisable in five equal annual installments beginning on 03/01/1995.
7. The option is exercisable in five equal annual installments beginning on 12/20/1995.
8. The option is exercisable in five equal annual installments beginning on 12/19/1996.
9. The option is exercisable in five equal annual installments beginning on 02/25/1998..
10. The option is exercisable in five equal annual installments beginning on 02/24/1999.
11. The option is exercisable in five equal annual installments beginning on 02/23/2000.
12. The option is exercisable in five equal annual installments beginning on 02/21/2001.
13. The option is exercisable in five equal annual installments beginning on 02/27/2002.
14. The option is exercisable in five equal annual installments beginning on 02/26/3003.
15. The option becomes exercisable in five equal annual installments beginning on 02/25/2004.
Remarks:
By: Parris N. Adams, Attorney-in-fact 12/11/2003
** 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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