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*
REED SCOTT E

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2005
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 96,799.13(1) D
Common Stock 61,497.515(2) I By 401(k)
Common Stock 19,745.898(3) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $38.64 02/22/2005 A 75,407 02/22/2006(4) 02/22/2015 Common Stock 75,407 $0 75,407 D
Employee Stock Option (right to buy) $13.188 12/19/1996(5) 12/18/2005 Common Stock 36,168 36,168 D
Employee Stock Option (right to buy) $20.188 02/25/1998(6) 02/24/2007 Common Stock 24,410 24,410 D
Employee Stock Option (right to buy) $31 02/24/1999(7) 02/23/2008 Common Stock 16,668 16,668 D
Employee Stock Option (right to buy) $36.313 02/23/2000(8) 02/23/2009 Common Stock 14,957 14,957 D
Employee Stock Option (right to buy) $23.938 02/22/2001(9) 02/22/2010 Common Stock 55,317 55,317 D
Employee Stock Option (right to buy) $36.59 02/27/2002(10) 02/27/2011 Common Stock 39,409 39,409 D
Employee Stock Option (right to buy) $36.84 02/26/2003(11) 02/26/2012 Common Stock 40,115 40,115 D
Employee Stock Option (right to buy) $32.66 02/25/2004(12) 02/25/2013 Common Stock 66,453 66,453 D
Employee Stock Option (right to buy) $36.68 02/24/2005(13) 02/24/2014 Common Stock 62,045 62,045 D
Explanation of Responses:
1. Includes 840.704 shares acquired in February, under the Issuer's Dividend Reinvestment Plan.
2. Between October 1, 2004 and December 31, 2004, the reporting person acquired 476.333 shares of common stock 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. Includes 171.494 shares acquired in February, under the Issuer's Dividend Reinvestment Plan.
4. The option is exercisable in five equal annual installments beginning on 2/22/2006.
5. The option is exercisable in three equal annual installments beginning on 12/19/1996.
6. The option is exercisable in three equal annual installments beginning on 02/25/1998.
7. The option is exercisable in three equal annual installments beginning on 02/24/1999.
8. The option is exercisable in three equal annual installments beginning on 02/23/2000.
9. The option is exercisable in three equal annual installments beginning on 02/22/2001.
10. The option is exercisable in three equal annual installments beginning on 02/27/2002.
11. The option is exercisable in three equal annual installments beginning on 02/26/2003.
12. The option is exercisable in five equal annual installments beginning on 02/25/2004.
13. The option is exercisable in five equal annual installments beginning on 02/24/2005.
Remarks:
By: Parris N. Adams Attorney-in-fact 02/24/2005
** 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).
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