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*
VEST EDWARD D

(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)
Corp.Controller,Sr. V.P.
3. Date of Earliest Transaction (Month/Day/Year)
01/24/2005
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 01/24/2005 S 2,326 D $38.99 2,713.454(1) D
Common Stock 3,237.346(2) I By 401(k)
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) $13.188 12/19/1996(3) 12/18/2005 Common Stock 647 647 D
Employee Stock Option (right to buy) $31 02/24/1999(4) 02/23/2008 Common Stock 2,272 2,272 D
Employee Stock Option (right to buy) $36.313 02/23/2000(5) 02/23/2009 Common Stock 2,250 2,250 D
Employee Stock Option (right to buy) $23.938 02/22/2001(6) 02/22/2010 Common Stock 3,916 3,916 D
Employee Stock Option (right to buy) $36.59 02/27/2002(7) 02/27/2011 Common Stock 2,702 2,702 D
Employee Stock Option (right to buy) $36.84 02/26/2003(8) 02/26/2012 Common Stock 2,830 2,830 D
Employee Stock Option (right to buy) $32.66 02/25/2004(9) 02/25/2013 Common Stock 3,292 3,292 D
Employee Stock Option (right to buy) $36.68 02/24/2005(10) 02/24/2014 Common Stock 6,182 6,182 D
Explanation of Responses:
1. Includes 31.364 shares acquired in May; 44.400 shares acquired in August; and 42.665 shares acquired in November, under the Issuer's Dividend Reinvestment Plan.
2. Between April 1, 2004 and December 31, 2004, the reporting person acquired 73.436 shares of common stock during the 2nd quarter; 106.138 shares of common stock during the 3rd quarter; and 101.718 shares of common stock during the 4th quarter under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated as of December 31, 2004
3. The option is exercisable in three equal annual installments beginning on 12/19/1996.
4. The option is exercisable in three equal annual installments beginning on 02/24/1999.
5. The option is exercisable in three equal annual installments beginning on 02/23/2000.
6. The option is exercisable in three equal annual installments beginning on 02/22/2001.
7. The option is exercisable in three equal annual installments beginning on 02/27/2002.
8. The option is exercisable in three equal annual installments beginning on 02/26/2003.
9. The option is exercisable in five equal annual installments beginning on 02/25/2004.
10. The option is exercisable in five equal annual installments beginning on 02/24/2005.
Remarks:
By: Parris N. Adams, Attorney -in - fact for: 01/25/2005
** 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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