Sec Form 4 Filing - KING KELLY S @ BB&T CORP - 2012-07-26

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 KING KELLY S 2. Issuer Name and Ticker or Trading Symbol BB&T CORP [ BBT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chairman and CEO (Last) (First) (Middle) PO BOX 1250 3. Date of Earliest Transaction (MM/DD/YY) 07/26/2012 (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 07/26/2012 M 104,324 A $ 16.88 424,859.677 ( 1 ) D Common Stock 07/26/2012 S 104,324 D $ 31.9643 ( 2 ) 320,535.677 D Common Stock 2,869.616 ( 3 ) I By 401(k) Common Stock 85,551.203 ( 4 ) I By IRA Common Stock 70,313.145 ( 5 ) 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 Am ount 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) $ 16.88 07/26/2012 M 104,324 02/24/2010( 6 ) 02/24/2019 Common Stock 104,324 $ 0 236,216 D Stock Option (right to buy) $ 44.15 02/20/2008( 7 ) 02/20/2017 Common Stock 126,294 126,294 D Stock Option (right to buy) $ 39.73 02/21/2007( 8 ) 02/21/2016 Common Stock 116,290 116,290 D Stock Option (right to buy) $ 30.09 02/21/2013( 9 ) 02/21/2022 Common Stock 180,789 180,789 D Stock Option (right to buy) $ 38.64 02/22/2006( 10 ) 02/22/2015 Common Stock 125,000 125,000 D Stock Option (right to buy) $ 27.73 02/22/2012( 11 ) 02/22/2021 Common Stock 126,372 126,372 D Stock Option (right to buy) $ 27.75 02/23/2011( 12 ) 02/23/2020 Common Stock 164,062 164,062 D Stock Option (right to buy) $ 36.68 02/24/2005( 13 ) 02/24/2014 Common Stock 87,727 87,727 D Stock Option (right to buy) $ 32.66 02/25/2004( 14 ) 02/25/2013 Common Stock 94,761 94,761 D Stock Option (right to buy) $ 34.29 02/26/2009( 15 ) 02/26/2018 Common Stock 162,415 162,415 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KING KELLY S PO BOX 1250 WINSTON-SALEM, NC27102-1250 X Chairman and CEO Signatures Sallie Stone, Attorney-in-fact 07/30/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 497.194 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 $31.860 to $32.070. The reporting person will provide to the issuer, 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 1,070.695 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 522.626 shares acquired on May 1, 2012, under the Dividend Reinvestment Plan. ( 5 )Includes 429.725 shares on May 1, 2012, under the Issuer's Dividend Reinvestment Plan. Also, the previously reported 1,661.497 shares held "By Custodian For Child" are no longer reportable as the child is of age and no longer living in the reporting person's household. ( 6 )The option is exercisable in five equal annual installments beginning on 02/24/2010. ( 7 )The option is exercisable in five equal annual installments beginning on 2/20/2008. ( 8 )The option is exercisable in five equal annual installments beginning on 2/21/2007. ( 9 )The option is exercisable in four equal annual installments beginning on 02/21/2013. ( 10 )The option is exercisable in five equal annual installments beginning on 02/22/2006. ( 11 )The option is exercisable in four equal annual installments beginning on 2/22/2012. ( 12 )The option is exercisable in four equal annual installments beginning on 02/23/2011. ( 13 )The option is exercisable in five equal annual installments beginning on 2/24/2005. ( 14 )The option is exercisable in five equal annual installments beginning on 2/25/2004. ( 15 )The option is exercisable in five equal annual installments beginning on 2/26/2009.

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).

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