Sec Form 4 Filing - KING KELLY S @ BB&T CORP - 2016-03-15

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

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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) 03/15/2016 (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 03/15/2016 F 9,864 D $ 34.38 298,912.767 ( 1 ) D Common Stock 5,970.178 I By 401(k) Common Stock 95,326.29 ( 2 ) I By IRA Common Stock 58,171.535 ( 3 ) 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) $ 44.15 02/20/2008( 4 ) 02/20/2017 Common Stock 126,294 126,294 D Stock Option (right to buy) $ 30.09 02/21/2013( 5 ) 02/21/2022 Common Stock 180,789 180,789 D Stock Option (right to buy) $ 27.73 02/22/2012( 6 ) 02/22/2021 Common Stock 126,372 126,372 D Stock Option (right to buy) $ 27.75 02/23/2011( 7 ) 02/23/2020 Common Stock 164,062 164,062 D Stock Option (right to buy) $ 16.88 02/24/2010( 8 ) 02/24/2019 Common Stock 46,216 46,216 D Stock Option (right to buy) $ 37.55 02/25/2015( 9 ) 02/25/2024 Common Stock 47,738 47,738 D Stock Option (right to buy) $ 34.29 02/26/2009( 10 ) 02/26/2018 Common Stock 162,415 162,415 D Stock Option (right to buy) $ 30.08 02/26/2014( 11 ) 02/26/2023 Common Stock 101,806 101,806 D Stock Option (right to buy) $ 38.22 03/15/2016( 12 ) 02/24/2025 Common Stock 40,237 40,237 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 03/17/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 1,642.070 shares acquired in March 2016, under the Issuer's Dividend Reinvestment Plan. ( 2 )Includes 773.178 shares acquired in March 2016, under Dividend Reinvestment Plans. ( 3 )Includes 471.350 shares acquired in March 2016, under the Issuer's Dividend Reinvestment Plan. ( 4 )The option is exercisable in five equal annual installments beginning on 2/20/2008. ( 5 )The option is exercisable in four equal annual installments beginning on 02/21/2013. ( 6 )The option is exercisable in four equal annual installments beginning on 2/22/2012. ( 7 )The option is exercisable in four equal annual installments beginning on 02/23/2011. ( 8 )The option is exercisable in five equal annual installments beginning on 02/24/2010. ( 9 )On February 25, 2014, the reporting person was granted an option to purchase 71,611 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 2016 were met, resulting in vesting of the option as to 23,871 shares. ( 10 )The option is exercisable in five equal annual installments beginning on 2/26/2009. ( 11 )The option is exercisable in three equal annual installments beginning on 02/26/2014. ( 12 )On February 24, 2015, the reporting person was granted an option to purchase 120,714 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. The performance criteria for 2016 were met, resulting in vesting of the option as to 40,237 shares.

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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