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*
Starnes Clarke R III
(Last) (First) (Middle)
PO BOX 1250
(Street)
WINSTON-SALEM NC 27102-1250
(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. Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2012
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 08/01/2012 M 35,000 A $16.88 115,783.308(1) D
Common Stock 08/01/2012 S 35,000 D $31.6475(2) 80,783.308 D
Common Stock 11,019.158(3) I By 401(k)
Common Stock 6,590.701(4) I By IRA
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) $16.88 08/01/2012 M 35,000 02/24/2010(5) 02/24/2019 Common Stock 35,000 $0.0000 40,675 D
Stock Option (right to buy) $44.15 02/20/2008(6) 02/20/2017 Common Stock 36,635 36,635 D
Stock Option (right to buy) $39.73 02/21/2007(7) 02/21/2016 Common Stock 7,329 7,329 D
Stock Option (right to buy) $30.09 02/21/2013(8) 02/21/2022 Common Stock 56,158 56,158 D
Stock Option (right to buy) $38.64 02/22/2006(9) 02/22/2015 Common Stock 7,673 7,673 D
Stock Option (right to buy) $27.73 02/22/2012(10) 02/22/2021 Common Stock 42,893 42,893 D
Stock Option (right to buy) $27.75 02/23/2011(11) 02/23/2020 Common Stock 52,196 52,196 D
Stock Option (right to buy) $36.68 02/24/2005(12) 02/24/2014 Common Stock 5,308 5,308 D
Stock Option (right to buy) $32.66 02/25/2004(13) 02/25/2013 Common Stock 5,850 5,850 D
Stock Option (right to buy) $34.29 02/26/2009(14) 02/26/2018 Common Stock 46,642 46,642 D
Explanation of Responses:
1. Includes 81.212 shares acquired on May 1, 2012, under the Issuer's Dividend Reinvestment Plan.
2. The price in Column 4 is a weighted average price. The prices actually received ranged from $31.63 to $31.66. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
3. Includes 116.515 shares acquired between January 1, 2012 and June 30, 2012, under the Issuer's 401(k) Plan. The information in this report is based on plan statements dated January 1, 2012 through June 30, 2012.
4. Includes 82.398 shares acquired between May 1, 2012 and August 1, 2012, under Dividend Reinvestment Plans.
5. The option is exercisable in five equal annual installments beginning on 02/24/2010.
6. The option is exercisable in five equal annual installments beginning on 2/20/2008.
7. The option is exercisable in five equal annual installments beginning on 2/21/2007.
8. The option is exercisable in four equal annual installments beginning on 02/21/2013.
9. The option is exercisable in five equal annual installments beginning on 02/22/2006.
10. The option is exercisable in four equal annual installments beginning on 2/22/2012.
11. The option is exercisable in four equal annual installments beginning on 02/23/2011.
12. The option is exercisable in five equal annual installments beginning on 2/24/2005.
13. The option is exercisable in five equal annual installments beginning on 2/25/2004.
14. The option is exercisable in five equal annual installments beginning on 2/26/2009.
Carla Brenwald, Attorney-in-fact 08/03/2012
** 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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