WELLS JAMES M III 4

4 · SUNTRUST BANKS INC · Filed Apr 4, 2011

Form 4

Period: 2011-03-31

DirectorChairman

Transactions

Exercise/Conversion
Phantom Stock Units
[F4]
2011-03-31−57,560.845→ 57,560.844 total
→ Common Stock (57,560.845 underlying)
Award
Phantom Stock Units
[F5]
2011-03-31$28.84/sh+4,319.81$124,583→ 24,603.261 total
→ Common Stock (4,319.81 underlying)
Disposition to Issuer
Phantom Stock Units
[F5]
2011-03-31$28.84/sh−62.637$1,806→ 24,540.624 total
→ Common Stock (62.637 underlying)

Holdings

Common Stock
151,305.65
Common Stock
(indirect: By Spouse)
12,267
Common Stock
[F1]
1,691.812
Common Stock
[F2]
112,913
Common Stock
(indirect: GRAT no. 2)
25,010.051
Common Stock
(indirect: GRAT no. 3)
28,433.555
Phantom Stock Units
[F3]
→ Common Stock (7,900.118 underlying)
7,900.118
Option
[F6]
Exercise: $64.57From: 2001-12-31Exp: 2011-11-13→ Common Stock (15,000 underlying)
15,000
Option
[F6]
Exercise: $64.57From: 2004-11-13Exp: 2011-11-13→ Common Stock (60,000 underlying)
60,000
Option
[F6]
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (100,000 underlying)
100,000
Option
[F6]
Exercise: $73.19From: 2007-02-10Exp: 2014-02-10→ Common Stock (100,000 underlying)
100,000
Option
[F7]
Exercise: $73.14From: 2008-02-08Exp: 2015-02-08→ Common Stock (60,000 underlying)
60,000
Option
[F7]
Exercise: $71.03From: 2009-02-14Exp: 2016-02-14→ Common Stock (100,000 underlying)
100,000
Option
[F7]
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (163,000 underlying)
163,000
Option
[F7]
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (250,000 underlying)
250,000
Option
[F7]
Exercise: $9.06From: 2012-02-10Exp: 2019-02-10→ Common Stock (250,000 underlying)
250,000

Footnotes (7)

[F1]Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
[F2]Restricted stock granted under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. This plan is exempt under Rule 16(b)-3. Includes 50,000 shares which vest on 02/10/2012 and 62,913 shares which vest on 12/16/2012.
[F3]The reported phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These phantom stock units convert to common stock on a one-for-one basis.
[F4]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. Reflects settlement of one-half in cash on March 31, 2011. Remainder will be settled on March 31, 2012, unless settled earlier due to the executive's death.
[F5]Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. The stock units will be settled in cash on March 15, 2012, unless settled earlier due to the executive's death.
[F6]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
[F7]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.

Signature

David A. Wisniewski, Attorney-in-Fact for James M. Wells III|2011-04-04

Documents

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