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*
Starnes Clarke R III

(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)
Sr. Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2010
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 01/26/2010 M 6,315 A $23.9375 33,985.798 (1) D
Common Stock 01/26/2010 S 6,315 D $27.3683 (2) 27,670.798 D
Common Stock 16,725.728 (3) 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 (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 01/26/2010 M 6,315 02/22/2001 (4) 02/22/2010 Common Stock 6,315 $0 0 D
Stock Option (right to buy) $36.59 02/27/2002 (5) 02/27/2011 Common Stock 4,847 4,847 D
Stock Option (right to buy) $36.84 02/26/2003 (6) 02/26/2012 Common Stock 5,014 5,014 D
Stock Option (right to buy) $32.66 02/25/2004 (7) 02/25/2013 Common Stock 5,850 5,850 D
Stock Option (right to buy) $36.68 02/24/2005 (8) 02/24/2014 Common Stock 5,308 5,308 D
Stock Option (right to buy) $38.64 02/22/2006 (9) 02/22/2015 Common Stock 7,673 7,673 D
Stock Option (right to buy) $39.73 02/21/2007 (10) 02/21/2016 Common Stock 7,329 7,329 D
Stock Option (right to buy) $44.15 02/20/2008 (11) 02/20/2017 Common Stock 36,635 36,635 D
Stock Option (right to buy) $34.29 02/26/2009 (12) 02/26/2018 Common Stock 46,642 46,642 D
Stock Option (right to buy) $16.88 02/24/2010 (13) 02/24/2019 Common Stock 75,675 75,675 D
Explanation of Responses:
1. Between May 1, 2009 and November 2, 2009, the reporting person acquired 286.009 shares of common stock, under the Issuer's Dividend Reinvestment Plan.
2. The price in Column 4 is a weighted average price. The prices actually paid ranged from $27.34 to $27.40. 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 at each price within the range.
3. Between January 1, 2009 and December 31, 2009, the reporting person acquired 869.719 shares of common stock, under the Issuer's 401(k) Plan. The information in this report is based on plan statements dated January 1, 2009 through December 31, 2009.
4. The option is exercisable in three equal annual installments beginning on 02/22/2001.
5. The option is exercisable in three equal annual installments beginning on 02/27/2002.
6. The option is exercisable in three equal annual installments beginning on 02/26/2003.
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 2/24/2005.
9. The option is exercisable in five equal annual installments beginning on 02/22/2006.
10. The option is exercisable in five equal annual installments beginning on 2/21/2007.
11. The option is exercisable in five equal annual installments beginning on 2/20/2008.
12. The option is exercisable in five equal annual installments beginning on 2/26/2009.
13. The option is exercisable in five equal annual installments beginning on 02/24/2010.
Remarks:
Carla Brenwald, Attorney-in-fact 01/28/2010
** 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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