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
                                                                                  	OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5	
                      	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 *

Gillani Aleem	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)
Corp. Exex. Vice Pres and CFO	
(Last)          (First)          (Middle)

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

3/31/2014		
(Street)

ATLANTA, GA 30303
(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  	3/31/2014  	 	M	  	2739.387  	A	$39.79  	118813.217  	D   (1)	
 	
Common Stock  	 	 	 	  	 	 	 	6896.8942  	I  	401(k)   (4)	
Common Stock  	 	 	 	  	 	 	 	2300  	I  	Custodial Account   (2)	
Common Stock  	 	 	 	  	 	 	 	3500  	I  	Trust   (3)	

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  	  (5)	 	 	   	  	  	  	  (5)	  (5)	Common Stock  	998.3833  	 	998.3833  	D  	
 	
Phantom Stock   (6)	  (6)	3/31/2014  	 	M  	  	2739.387   	  	  (6)	  (6)	Common Stock  	2739.387  	$39.79  	0  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2015  	  (9)	Common Stock  	3423  	 	3423  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2016  	  (9)	Common Stock  	3424  	 	3424  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2017  	  (9)	Common Stock  	3424  	 	3424  	D  	
 	
Phantom Stock   (7)	  (7)	 	 	   	  	  	  	2/14/2014  	2/14/2022  	Common Stock  	5804.727  	 	5804.727  	D  	
 	
Option   (8)	$21.67  	 	 	   	  	  	  	  (8)	2/14/2022  	Common Stock  	14800  	 	14799  	D  	
 	
Option   (8)	$27.41  	 	 	   	  	  	  	2/26/2015  	2/26/2023  	Common Stock  	11464  	 	11464  	D  	
 	
Option   (8)	$27.41  	 	 	   	  	  	  	2/26/2016  	2/26/2023  	Common Stock  	11464  	 	11464  	D  	

Explanation of Responses:	
(  1) 	Granted under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under SEC Rule 16b-3.	
(  2) 	Shares are held in a custodial account for the benefit of an adult familiy member over which account the reporting person has investment and voting control.	
(  3) 	Shares are held in a family trust over which the reporting person has voting and investment control.	
(  4) 	Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents vares based on the closing price of SunTrust stock on the applicable measurement date.	
(  5) 	Acquired under the SunTrust Banks, Inc. Deferred Compensation Plan. These convert to common stock on a one-for-one basis.	
(  6) 	Reflects settlement in stock of restricted stock units originally granted under the SunTrust Banks, Inc. 2009 Stock Plan on April 1, 2011. Grant was exempt pursuant to Rule 16b-3. Includes shares acquired upon dividend reinvestment.	
(  7) 	Represents satisfaction of return on asset performance condition of performance-vested restricted stock units granted on 2/14/2012. Granted under the 2009 Stock Plan. Award will settle in shares in February, 2015.	
(  8) 	Granted pursuant to the SunTrust Banks, inc. 2009 Stock Plan. One third of the award vests each year for three years.	
(  9) 	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.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Gillani Aleem
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30303			Corp. Exex. Vice Pres and CFO		

Signatures		
David A. Wisniewski, Attorney-in-Fact for Aleem Gillani		4/2/2014	
** 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.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.