SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KING KELLY S

(Last) (First) (Middle)
PO BOX 1250

(Street)
WINSTON-SALEM NC 27102-1250

(City) (State) (Zip)
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 Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 10/31/2008 M 47,177 A $23.9375 123,717.538(1) D
Common Stock 10/31/2008 G V 2,434 D $0 121,283.538 D
Common Stock 10/31/2008 S 45,000 D $34.922(2) 76,283.538 D
Common Stock 73,352.767(3) I By 401(k)
Common Stock 1,489.734(4) I By Custodian For Child
Common Stock 78,544.448(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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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) $23.9375 10/31/2008 M 47,177 02/22/2001(6) 02/22/2010 Common Stock 47,177 $0 47,252 D
Stock Option (right to buy) $32.66 02/25/2004(7) 02/25/2013 Common Stock 94,761 94,761 D
Stock Option (right to buy) $34.29 02/26/2009(8) 02/26/2018 Common Stock 162,415 162,415 D
Stock Option (right to buy) $36.3125 02/23/2000(9) 02/23/2009 Common Stock 36,874 36,874 D
Stock Option (right to buy) $36.59 02/27/2002(10) 02/27/2011 Common Stock 65,682 65,682 D
Stock Option (right to buy) $36.68 02/24/2005(11) 02/24/2014 Common Stock 87,727 87,727 D
Stock Option (right to buy) $36.84 02/26/2003(12) 02/26/2012 Common Stock 66,858 66,858 D
Stock Option (right to buy) $38.64 02/22/2006(13) 02/22/2015 Common Stock 125,000 125,000 D
Stock Option (right to buy) $39.73 02/21/2007(14) 02/21/2016 Common Stock 116,290 116,290 D
Stock Option (right to buy) $44.15 02/20/2008(15) 02/20/2017 Common Stock 126,294 126,294 D
Explanation of Responses:
1. Includes 888.816 shares acquired in May 2008; 1,135.767 shares acquired in August 2008, and 939.825 shares acquired in November 2008, under the Issuers Dividend Reinvestment Plan.
2. The price in Column 4 is a weighted average price. The prices actually received ranged from $34.76 to $35.10. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC Staff, upon request, information regarding the number of shares sold within each price range.
3. Between January 1, 2008 and September 30, 2008, the reporting person acquired 2,157.966 shares of common stock during the 1st quarter; 1,346.548 shares acquired during the 2nd quarter; and 487.290 shares of common stock during the 3rd quarter under the Issuer's 401(k) plan. The information in this report is based on a plan statements dated January 1, 2008 through September 30, 2008.
4. Includes 18.363 shares acquired in May 2008; 23.465 shares acquired in August 2008; and 19.417 shares acquired in November 2008, under the Issuers Dividend Reinvestment Plan.
5. Includes 968.172 shares acquired in May 2008; 1237.173 shares acquired in August 2008; and 1,023.735 shares acquired in November 2008, under the Issuers Dividend Reinvestment Plan.
6. The option is exercisable in three equal annual installments beginning on 02/22/2001.
7. The option is exercisable in five equal annual installments beginning on 2/25/2004.
8. The option is exercisable in five equal annual installments beginning on 2/26/2009.
9. The option is exercisable in three equal annual installments beginning on 02/23/2000.
10. The option is exercisable in three equal annual installments beginning on 02/27/2002.
11. The option is exercisable in five equal annual installments beginning on 2/24/2005.
12. The option is exercisable in three equal annual installments beginning on 02/26/2003.
13. The option is exercisable in five equal annual installments beginning on 02/22/2006.
14. The option is exercisable in five equal annual installments beginning on 2/21/2007.
15. The option is exercisable in five equal annual installments beginning on 2/20/2008.
Remarks:
poa.TXT
Carla Brenwald, Attorney-in-fact 11/04/2008
** Signature of Reporting Person Date
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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