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, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

Panther Thomas E	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)
SVP, Controller, CAO	
(Last)          (First)          (Middle)

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

8/13/2012		
(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  	8/13/2012  	 	A	  	3690  	A	$24.83  	37926  	D   (1)	
 	
Common Stock  	8/13/2012  	 	F	  	1198  	D	$24.83  	36728  	D   (1)	
 	
Common Stock  	 	 	 	  	 	 	 	1073.3818  	I   (2)	401(k)  	

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  	964.336  	 	964.336  	D  	
 	
Option   (4)	$54.28  	 	 	   	  	  	  	2/11/2006  	2/11/2013  	Common Stock  	2400  	 	2400  	D  	
 	
Option   (4)	$73.19  	 	 	   	  	  	  	2/10/2007  	2/10/2014  	Common Stock  	3000  	 	3000  	D  	
 	
Option   (4)	$73.14  	 	 	   	  	  	  	2/8/2008  	2/8/2015  	Common Stock  	7000  	 	7000  	D  	
 	
Option   (5)	$23.70  	 	 	   	  	  	  	1/4/2013  	1/4/2020  	Common Stock  	6000  	 	6000  	D  	
 	
Option   (6)	$21.67  	 	 	   	  	  	  	  (6)	2/13/2022  	Common Stock  	14900  	 	14900  	D  	

Explanation of Responses:	
(  1) 	Includes restricted stock granted under the SunTrust Banks, Inc. 2004 and 2009 Stock Plans which are subject to vesting conditions. The restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. The plans are exempt under Rule 16(b)-3. 4,205 shares whcih vest on 2/9/2013; 4,500 shares which vest on 2/8/14; 1,157 shares of restricted stock which vest on 6/14/2014; and 9,400 shares which vest on 2/14/2015.	
(  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) 	Phantom stock units acquired under the SunTrust Bank, Inc. Deferred Compensation Plan. These phantom stock units convert to common stock on a one-for-one basis.	
(  4) 	Granted under the SunTrust Banks, Inc. 2004 Stock Plan.	
(  5) 	Granted under the SunTrust Banks, Inc. 2009 Stock Plan.	
(  6) 	Granted under the SunTrust Banks, Inc. 2009 Stock Plan. One third of the award vests each year for three years.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Panther Thomas E
303 PEACHTREE STREET
ATLANTA, GA 30303			SVP, Controller, CAO		

Signatures		
David A. Wisniewski, Attorney-in-Fact for Thomas E. Panther		8/14/2012	
** 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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