Truist Financial (TFC) Form 4 BB&T / W Bennett Bradley ownership change

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^*

Bradley W Bennett

(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)
04/27/2017

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	04/27/2017		I		10,376.236(1)	D	$43.58	0.0000	I	By Spouse's 401(k)
Common Stock								16,579.137	D
Common Stock								5,613.642(2)	I	By 401(k)
Common Stock								952.254	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)	$27.73							02/22/2012(3)	02/22/2021	Common Stock	5,565		5,565	D
Stock Option (right to buy)	$27.75							02/23/2011(4)	02/23/2020	Common Stock	7,762		7,762	D
Stock Option (right to buy)	$30.09							02/21/2013(5)	02/21/2022	Common Stock	7,022		7,022	D
Stock Option (right to buy)	$32.1							03/15/2017(6)	02/23/2026	Common Stock	7,234		7,234	D

Explanation of Responses:

1. Includes 183.542 shares acquired between January 1, 2017 and March 31, 2017, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated January 1, 2017 through March 31, 2017.

2. Includes 35.396 shares acquired between January 1, 2017 and March 31, 2017, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated January 1, 2017 through March 31, 2017.

3. The option is exercisable in four equal annual installments beginning on 2/22/2012.

4. The option is exercisable in four equal annual installments beginning on 02/23/2011.

5. The option is exercisable in four equal annual installments beginning on 02/21/2013.

6. On February 23, 2016, the reporting person was granted an option to purchase 21,705 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2017 were met, resulting in 7,234 options being earned.

	Carla Brenwald, Attorney-in-fact	05/01/2017
	** 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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