Sec Form 4 Filing - WIGGS STEVEN B @ BB&T CORP - 2016-09-30

Insider filing report for Changes in Beneficial Ownership
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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
WIGGS STEVEN B
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. Exec. V.P.
(Last) (First) (Middle)
PO BOX 1250
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2016
(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 09/30/2016 A 20,236 ( 1 ) A $ 0 31,335.312 ( 2 ) D
Common Stock 09/30/2016 A 11,179 ( 3 ) A $ 0 42,514.312 D
Common Stock 09/30/2016 A 5,269 ( 4 ) A $ 0 47,783.312 D
Common Stock 09/30/2016 A 3,636 ( 5 ) A $ 0 51,419.312 D
Common Stock 8,495.631 ( 6 ) I By 401(k)
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/D D/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 09/30/2016 A 6,326 02/25/2015( 7 ) 02/25/2024 Common Stock 6,326 $ 0 18,976 D
Stock Option (right to buy) $ 38.22 09/30/2016 A 21,799 03/15/2016( 8 ) 02/24/2025 Common Stock 21,799 $ 0 32,698 D
Stock Option (right to buy) $ 32.1 09/30/2016 A 41,963 03/15/2017( 9 ) 02/23/2026 Common Stock 41,963 $ 0 41,963 D
Stock Option (right to buy) $ 44.15 02/20/2008( 10 ) 02/20/2017 Common Stock 41,077 41,077 D
Stock Option (right to buy) $ 30.09 02/21/2013( 11 ) 02/21/2022 Common Stock 11,190 11,190 D
Stock Option (right to buy) $ 34.29 02/26/2009( 12 ) 02/26/2018 Common Stock 54,138 54,138 D
Stock Option (right to buy) $ 30.08 02/26/2014( 13 ) 02/26/2023 Common Stock 26,952 26,952 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WIGGS STEVEN B
PO BOX 1250
WINSTON-SALEM, NC27102-1250
Sr. Exec. V.P.
Signatures
Carla Brenwald, Attorney-in-fact 10/04/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On February 23, 2016, the reporting person was granted 20,236 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 September 30, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be delivered to the reporting person on March 15, 2017 and April 1, 2017.
( 2 )Includes 0.003 shares acquired in June 2016, under the Issuer's Dividend Reinvestment Plan.
( 3 )On February 24, 2015, the reporting person was granted 16,768 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. The performance criteria for 2016 were met, resulting in vesting of 5,589 restricted stock units. Due to the retirement of the reporting person on September 30, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be delivered to the reporting person on March 15, 2017 and April 1, 2017.
( 4 )On February 25, 2014, the reporting person was granted 15,808 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. The performance criteria for 2016 were met, resulting in vesting of 5,270 restricted stock units. Due to the retirement of the reporting person on September 30, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be delivered to the reporting person on February 25, 2017.
( 5 )On December 31, 2015, the reporting person was granted 3,636 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 September 30, 2016, the performance criteria were deemed met and the shares became fully vested. Vested shares will be delivered to the reporting person on February 15, 2017 and April 1, 2017.
( 6 )Includes 60.652 shares acquired between April 1, 2016 and June 30, 2016, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated April 1, 2016 through June 30, 2016.
( 7 )On February 25, 2014, the reporting person was granted an option to purchase 18,976 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 6,326 shares. Due to the retirement of the reporting person on September 30, 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 32,698 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 10,899 shares. . Due to the retirement of the reporting person on September 30, 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 41,963 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 September 30, 2016, the performance criteria were deemed met and the option became fully exercisable.
( 10 )The option is exercisable in five equal annual installments beginning on 2/20/2008.
( 11 )The option is exercisable in four equal annual installments beginning on 02/21/2013. Due to the retirement of the reporting person on September 30, 2016, the performance criteria were deemed met and the option became fully exercisable.
( 12 )The option is exercisable in five equal annual installments beginning on 2/26/2009.
( 13 )The option is exercisable in three equal annual installments beginning on 02/26/2014. Due to the retirement of the reporting person on September 30, 2016, the performance criteria were deemed met and the option became fully exercisable.

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