WELLS JAMES M III 4

4 · SUNTRUST BANKS INC · Filed Apr 7, 2011

Form 4

Period: 2011-04-05

DirectorChairman, President and CEO

Transactions

Exercise/Conversion
Phantom Stock Units
2011-04-05−24,540.624→ 0 total
→ Common Stock (24,540.624 underlying)

Holdings

Common Stock
(indirect: By Spouse)
12,267
Common Stock
112,913
Option
Exercise: $54.28From: 2006-02-11Exp: 2013-02-11→ Common Stock (100,000 underlying)
100,000
Option
Exercise: $73.19From: 2007-02-10Exp: 2014-02-10→ Common Stock (100,000 underlying)
100,000
Option
Exercise: $73.14From: 2008-02-08Exp: 2015-02-08→ Common Stock (60,000 underlying)
60,000
Common Stock
(indirect: GRAT no. 3)
28,433.555
Phantom Stock Units
→ Common Stock (7,902.898 underlying)
7,902.898
Common Stock
151,305.65
Option
Exercise: $64.57From: 2001-12-31Exp: 2011-11-13→ Common Stock (15,000 underlying)
15,000
Common Stock
1,697.384
Common Stock
(indirect: GRAT no. 2)
25,010.051
Phantom Stock Units
→ Common Stock (57,560.844 underlying)
57,560.844
Option
Exercise: $64.57From: 2004-11-13Exp: 2011-11-13→ Common Stock (60,000 underlying)
60,000
Option
Exercise: $71.03From: 2009-02-14Exp: 2016-02-14→ Common Stock (100,000 underlying)
100,000
Option
Exercise: $85.06From: 2010-02-13Exp: 2017-02-13→ Common Stock (163,000 underlying)
163,000
Option
Exercise: $64.58From: 2011-02-12Exp: 2018-02-12→ Common Stock (250,000 underlying)
250,000
Option
Exercise: $9.06From: 2012-02-10Exp: 2019-02-10→ Common Stock (250,000 underlying)
250,000
Option
Exercise: $29.20From: 2012-04-01Exp: 2021-04-01→ Common Stock (84,439 underlying)
84,439

Footnotes (8)

[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]Reflects cash settlement of salary shares on April 5, 2011 based on closing stock price on the date of TARP repayment, March 30, 2011.
[F6]Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
[F7]Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
[F8]Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years.

Documents

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