Sec Form 4 Filing - Bible Daryl N. @ BB&T CORP - 2017-02-21

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
Bible Daryl N.
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)
Chief Financial Officer
(Last) (First) (Middle)
PO BOX 1250
3. Date of Earliest Transaction (MM/DD/YY)
02/21/2017
(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 02/21/2017 A 7,743 ( 1 ) A $ 0 115,071 D
Common Stock 02/21/2017 A 6,422 ( 2 ) A $ 0 121,493 D
Common Stock 02/21/2017 A 6,283 ( 3 ) A $ 0 127,776 D
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 02/21/2017 A 7,544 02/25/2015( 4 ) 02/25/2024 Common Stock 7,544 $ 0 22,629 D
Stock Option (right to buy) $ 38.22 02/21/2017 A 12,522 03/15/2016( 5 ) 02/24/2025 Common Stock 12,522 $ 0 25,043 D
Stock Option (right to buy) $ 32.1 02/21/2017 A 16,058 03/15/2017( 6 ) 02/23/2016 Common Stock 16,058 $ 0 16,058 D
Stock Option (right to buy) $ 30.08 02/26/2014( 7 ) 02/26/2023 Common Stock 32,147 32,147 D
Stock Option (right to buy) $ 30.09 02/21/2013( 8 ) 02/21/2022 Common Stock 56,158 56,158 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bible Daryl N.
PO BOX 1250
WINSTON-SALEM, NC27102-1250
Chief Financial Officer
Signatures
Sallie Stone, Attorney-in-fact 02/23/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On February 23, 2016, the reporting person was granted 23,232 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. The performance criteria for 2017 were met, resulting in 7,743 restricted stock units being earned.
( 2 )On February 24, 2015, the reporting person was granted 19,264 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 2017 were met, resulting in 6,422 restricted stock units being earned.
( 3 )On February 25, 2014, the reporting person was granted 18,850 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 2017 were met, resulting in 6,283 restricted stock units being earned.
( 4 )On February 25, 2014, the reporting person was granted an option to purchase 22,629 shares of common stock. The option vests in three equal annual installments based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in vesting of the option as to 7,544 shares.
( 5 )On February 24, 2015, the reporting person was granted an option to purchase 37,565 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 2017 were met, resulting in 12,522 options being earned.
( 6 )On February 23, 2016, the reporting person was granted an option to purchase 48,175 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. The performance criteria for 2017 were met, resulting in 16,058 options being earned.
( 7 )The option is exercisable in three equal annual installments beginning on 02/26/2014.
( 8 )The option is exercisable in four equal annual installments beginning on 02/21/2013.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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