FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

ROGERS WILLIAM H JR	2. Issuer Name and Ticker or Trading Symbol

SUNTRUST BANKS INC [ STI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO	
(Last)          (First)          (Middle)

303 PEACHTREE STREET, N.E.	3. Date of Earliest Transaction (MM/DD/YYYY)

2/19/2016		
(Street)

ATLANTA, GA 30308
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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  	2/19/2016  	 	M	  	13987.676  	A	$34.15  	295768.053  	D  	
 	
Common Stock  	2/19/2016  	 	F	  	6379  	D	$34.15  	289389.053  	D  	
 	
Common Stock  	 	 	 	  	 	 	 	8125.4743  	I  	401(k)   (2)	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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	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 of Derivative Security: 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					
Phantom Stock   (3)	  (3)	 	 	   	  	  	  	  (3)	  (3)	Common Stock  	1785.2514  	 	1785.2514  	D  	
 	
Phantom Stock   (5)	  (5)	 	 	   	  	  	  	  (5)	  (5)	Common Stock  	17813.319  	 	17813.319  	D  	
 	
Phantom Stock   (6)	  (6)	2/19/2016  	 	M  	  	  	13987.676   	2/21/2016  	  (6)	Common Stock  	13987.676  	  (6)	0  	D  	
 	
Phantom Stock   (6)	  (6)	 	 	   	  	  	  	2/21/2017  	  (6)	Common Stock  	13450  	 	13450  	D  	
 	
Phantom Stock  	  (7)	 	 	   	  	  	  	2/10/2017  	  (7)	Common Stock  	12221  	 	12221  	D  	
 	
Phantom Stock  	  (7)	 	 	   	  	  	  	2/10/2018  	  (7)	Common Stock  	12221  	 	12221  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2017  	2/9/2017  	Common Stock  	13586  	 	13586  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2018  	2/9/2018  	Common Stock  	13586  	 	13586  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2019  	2/9/2019  	Common Stock  	13587  	 	13587  	D  	
 	
Option   (4)	$85.06  	 	 	   	  	  	  	2/13/2010  	2/13/2017  	Common Stock  	35000  	 	35000  	D  	
 	
Option   (4)	$64.58  	 	 	   	  	  	  	2/12/2011  	2/12/2018  	Common Stock  	88800  	 	88800  	D  	
 	
Option   (4)	$29.54  	 	 	   	  	  	  	12/31/2011  	12/31/2018  	Common Stock  	100000  	 	100000  	D  	
 	
Option   (5)	$9.06  	 	 	   	  	  	  	2/10/2012  	2/10/2019  	Common Stock  	250000  	 	250000  	D  	
 	
Option   (5)	$29.20  	 	 	   	  	  	  	4/1/2012  	4/1/2021  	Common Stock  	84439  	 	84439  	D  	
 	
Option   (5)	$21.67  	 	 	   	  	  	  	  (6)	2/14/2022  	Common Stock  	136200  	 	136200  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2014  	2/26/2023  	Common Stock  	36707  	 	36707  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2015  	2/26/2023  	Common Stock  	36707  	 	36707  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2016  	2/26/2023  	Common Stock  	36707  	 	36707  	D  	

Explanation of Responses:	
(  1) 	Represents time-vested restricted stock units granted on February 9, 2016 under the sunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations.	
(  2) 	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.	
(  3) 	The phantom stock units were acquired under the SunTrust Banks, Inc. Deferred Compensation Plan and convert to common stock on a one-to-one basis.	
(  4) 	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.	
(  5) 	Granted pursuent to the SunTrust Banks, Inc. 2009 Stock Plan.	
(  6) 	Represents time-vested phantom stock granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. The restricted stock unit agreements contain tax withholding provisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares.	
(  7) 	Represents time-vested restricted stock units granted on February 10, 2015 under the 2009 Stock Plan. the Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
ROGERS WILLIAM H JR
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30308			Chairman and CEO		

Signatures		
David A. Wisniewski, Attorney-in-Fact for William H. Rogers, Jr.		2/23/2016	
** 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).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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