Sec Form 4 Filing - Brown Ricky @ BB&T CORP - 2016-12-15

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Brown Ricky 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/YY) 12/15/2016 (Street) WINSTON-SALEM, NC27102-1250 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/15/2016 A 30,529 ( 1 ) A $ 0 171,838.133 ( 2 ) D Common Stock 12/15/2016 A 16,881 ( 3 ) A $ 0 188,719.133 D Common Stock 12/15/2016 A 8,264 ( 4 ) A $ 0 196,983.133 D Common Stock 12/15/2016 A 5,950 ( 5 ) A $ 0 202,933.133 D Common Stock 50,636.953 ( 6 ) I By 401(k) Common Stock 287 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) $ 37.55 12/15/2016 A 9,922 02/25/2015( 7 ) 02/25/2024 Common Stock 9,922 $ 0 29,763 D Stock Option (right to buy) $ 38.22 12/15/2016 A 32,917 03/15/2016( 8 ) 02/24/2025 Common Stock 32,917 $ 0 49,375 D Stock Option (right to buy) $ 32.1 12/15/2016 A 63,307 03/15/2017( 9 ) 02/23/2026 Common Stock 63,307 $ 0 63,307 D Stock Option (right to buy) $ 27.73 02/22/2012( 10 ) 02/22/2021 Common Stock 57,010 57,010 D Stock Option (right to buy) $ 27.75 02/23/2011( 11 ) 02/23/2020 Common Stock 71,062 71,062 D Stock Option (right to buy) $ 30.08 02/26/2014( 12 ) 02/26/2023 Common Stock 42,233 42,233 D Stock Option (right to buy) $ 30.09 02/21/2013( 13 ) 02/21/2022 Common Stock 73,776 73,776 D Stock Option (right to buy) $ 44.15 02/20/2008( 14 ) 02/20/2017 Common Stock 52,362 52,362 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Brown Ricky PO BOX 1250 WINSTON-SALEM, NC27102-1250 Sr. Executive Vice President Signatures Carla Brenwald, Attorney-in-fact 12/19/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On February 23, 2016, the reporting person was granted 30,529 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2017, 2018, and 2019. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were dee med met and the shares became fully vested. Vested shares will be delivered to the reporting person on March 15, 2017 and June 16, 2017. ( 2 )Includes 0.002 shares acquired in September 2016 and December 2016, under the Issuer's Dividend Reinvestment Plan. ( 3 )On February 24, 2015, the reporting person was granted 25,320 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2016, 2017, and 2018. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be issued to the reporting person on March 15, 2017 and June 16, 2017. ( 4 )On February 25, 2014, the reporting person was granted 24,793 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year February 25, 2015, 2016, and 2017. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be issued to the reporting person on February 25, 2017. ( 5 )On December 31, 2015, the reporting person was granted 5,950 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year March 15, 2017, 2018, and 2019. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be issued to the reporting person on February 15, 2017 and June 16, 2017. ( 6 )Includes 383.740 shares acquired between July 1, 2016 and September 30, 2016, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated July 1, 2016 through September 30, 2016. ( 7 )On February 25, 2014, the reporting person was granted an option to purchase 29,763 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. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the option became fully exercisable. ( 8 )On February 24, 2015, the reporting person was granted an option to purchase 49,375 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year March 15, 2016, 2017, and 2018. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the option became fully exercisable. ( 9 )On February 23, 2016, the reporting person was granted an option to purchase 63,307 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year March 15, 2017, 2018, and 2019. Due to the retirement of the reporting person on December 15, 2016, the performance criteria were deemed met and the option became fully exercisable. ( 10 )The option is exercisable in four equal annual installments beginning 2/22/2012. Due to the retirement of the reporting person on December 15, 2016, the option became fully exercisable. ( 11 )The option is exercisable in four equal annual installments beginning on 02/23/2011. Due to the retirement of the reporting person on December 15, 2016, the option became fully exercisable. ( 12 )The option is exercisable in three equal annual installments beginning on 02/26/2014. Due to the retirement of the reporting person on December 15, 2016, the option became fully exercisable. ( 13 )The option is exercisable in four equal annual installments beginning on 02/21/2013. Due to the retirement of the reporting person on December 15, 2016, the option became fully exercisable. ( 14 )The option is exercisable in five equal annual installments beginning on 2/20/2008. Due to the retirement of the reporting person on December 15, 2016, the option became fully exercisable.

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 Number.