Sec Form 4 Filing - Breeden Frances L @ SUNTRUST BANKS INC - 2010-12-07

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

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1. Name and Address of Reporting Person Breeden Frances L 2. Issuer Name and Ticker or Trading Symbol SUNTRUST BANKS INC [ STI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Corp. Executive Vice President (Last) (First) (Middle) 303 PEACHTREE STREET 3. Date of Earliest Transaction (MM/DD/YY) 12/07/2010 (Street) ATLANTA, GA30308 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 12/07/2010 F 6,774 D $ 23.36 27,735 D Common Stock 348.0702 I 401(k) ( 1 )

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 Phantom Stock Units ( 2 ) ( 2 ) ( 2 ) ( 2 ) Common Stock 1,400.054 1,400.054 D Option ( 3 ) $ 64.57 11/13/2004 11/13/2011 Common Stock 2,400 2,400 D Option ( 3 ) $ 63.74 08/01/2005 08/01/2012 Common Stock 1,000 1,000 D Option ( 3 ) $ 54.28 02/11/2006 11/30/2011 Common Stock 1,842 1,842 D Option ( 3 ) $ 54.28 02/11/2006 02/11/2013 Common Stock 8,158 8,158 D Option ( 3 ) $ 73.19 02/10/2007 02/10/2014 Common Stock 8,000 8,000 D Option ( 4 ) $ 73.14 02/08/2008 02/08/2015 Common Stock 10,000 10,000 D Option ( 4 ) $ 71.03 02/14/2009 02/14/2016 Common Stock 22,500 22,500 D Option ( 4 ) $ 85.06 02/13/2010 02/13/2017 Common Stock 20,000 20,000 D Option ( 4 ) $ 64.58 11/30/2010 11/30/2015 Common Stock 31,239 31,239 D Option ( 4 ) $ 9.06 11/30/2010 11/30/2015 Common Stock 64,626 64,626 D Option ( 5 ) $ 22.69 11/30/2010 11/30/2015 Common Stock 6,029 6,029 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Breeden Frances L 303 PEACHTREE STREET ATLANTA, GA30308 Corp. Executive Vice President Signatures David A. Wisniewski, Attorney-in-Fact for Frances L. Breeden 12/09/2010 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date. ( 2 )The reported phantom stock units were acquired under SunTrust Banks, Inc.'s 401(k) excess benefit plan. These phantom stock units convert to common stock on a one-for-one basis. ( 3 )Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan. ( 4 )Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan. ( 5 )Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan.

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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