SEC FORM 4

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^*

Jones Frances B

(Last)

(First)

(Middle)

PO BOX 1250

(Street)

WINSTON-SALEM

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)
	S.V.P./Secretary/Gen. Counsel

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2010

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2010		M		791	A	$16.88	9,497	D
Common Stock	05/12/2010		S		791	D	$35.4701	8,706	D
Common Stock								1,054.8864⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$16.88	05/12/2010		M			791	02/24/2010	02/24/2019	Common Stock	791	$0	3,166	D
Stock Option (right to buy)	$32.66							02/25/2004⁽²⁾	02/25/2013	Common Stock	924		924	D
Stock Option (right to buy)	$36.68							02/24/2005⁽³⁾	02/24/2014	Common Stock	4,135		4,135	D
Stock Option (right to buy)	$38.64							02/22/2006⁽⁴⁾	02/22/2015	Common Stock	5,160		5,160	D
Stock Option (right to buy)	$39.73							02/21/2007⁽⁵⁾	02/21/2016	Common Stock	4,619		4,619	D
Stock Option (right to buy)	$44.15							02/20/2008⁽⁶⁾	02/20/2017	Common Stock	5,170		5,170	D
Stock Option (right to buy)	$34.29							02/26/2009⁽⁷⁾	02/26/2018	Common Stock	11,811		11,811	D

Explanation of Responses:

1. Between January 1, 2009 and March 31, 2010, the reporting person acquired 59.0274 shares of BB&T common stock under the issuer's 401(k) plan. The information in this report is based on plan statements dated from January 1, 2009 through March 31, 2010.

2. The option is exercisable in five equal annual installments beginning on 2/25/2004.

3. The option is exercisable in five equal annual installments beginning on 2/24/2005.

4. The option is exercisable in five equal annual installments beginning on 02/22/2006.

5. The option is exercisable in five equal annual installments beginning on 2/21/2007.

6. The option is exercisable in five equal annual installments beginning on 2/20/2008.

7. The option is exercisable in five equal annual installments beginning on 2/26/2009.

Remarks:

	Sallie Stone, Attorney-in-fact	05/14/2010
	** 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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