FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Starnes Clarke R III
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
(Last)          (First)          (Middle)

PO BOX 1250
3. Date of Earliest Transaction (MM/DD/YYYY)

3/15/2017
(Street)

WINSTON-SALEM, NC 27102-1250
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   3/15/2017     F    3054.0000   D $47.5300   102885.0000   D    
Common Stock   3/15/2017     F    3682.0000   D $47.5300   99203.0000   D    
Common Stock                  12516.7460   I   By 401(k)  
Common Stock                  7504.2380   (1) I   By IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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)   $27.7300                    2/22/2012   (2) 2/22/2021   Common Stock   21447.0000     21447.0000   D    
Stock Option (right to buy)   $30.0800                    2/26/2014   (3) 2/26/2023   Common Stock   32147.0000     32147.0000   D    
Stock Option (right to buy)   $32.1000                    3/15/2017   (4) 2/23/2026   Common Stock   16058.0000     16058.0000   D    
Stock Option (right to buy)   $37.5500                    2/25/2015   (5) 2/25/2024   Common Stock   22629.0000     22629.0000   D    
Stock Option (right to buy)   $38.2200                    3/15/2016   (6) 2/24/2025   Common Stock   25043.0000     25043.0000   D    

Explanation of Responses:
( 1)  Includes 45.168 shares acquired in March 2017, under the Dividend Reinvestment Plan.
( 2)  The option is exercisable in four equal annual installments beginning on 2/22/2012.
( 3)  The option is exercisable in three equal annual installments beginning on 02/26/2014.
( 4)  On February 23, 2016, the reporting person was granted an option to purchase 48,175 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 16,058 options being earned.
( 5)  On February 25, 2014, the reporting person was granted an option to purchase 22,629 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in vesting of the option as to 7,544 shares.
( 6)  On February 24, 2015, the reporting person was granted an option to purchase 37,565 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2017 were met, resulting in 12,522 options being earned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Starnes Clarke R III
PO BOX 1250
WINSTON-SALEM, NC 27102-1250


Sr. Executive Vice President

Signatures
Sallie Stone, Attorney-in-fact 3/17/2017
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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