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 *

Freeman 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)
Corp. EVP & Chief Credit Off.	
(Last)          (First)          (Middle)

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

3/31/2014		
(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  	3/31/2014  	 	M	  	3550.4683  	A	$39.79  	50185.012  	D   (2)	
 	
Common Stock  	3/31/2014  	 	F	  	1101  	D	$39.79  	49084.012  	D   (2)	
 	
Common Stock  	 	 	 	  	 	 	 	125  	I  	Son  	
Common Stock  	 	 	 	  	 	 	 	631.3951  	I   (1)	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 Units   (3)	  (3)	 	 	   	  	  	  	  (3)	  (3)	Common Stock  	1463.9679  	 	1463.9679  	D  	
 	
Phantom Stock Units   (4)	  (4)	3/31/2014  	 	M  	  	3550.468   	  	  (4)	  (4)	Common Stock  	3550.468  	$39.79  	0  	D  	
 	
Phantom Stock   (5)	  (5)	 	 	   	  	  	  	2/14/2014  	2/14/2022  	Common Stock  	2944  	 	5765.277  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2015  	  (9)	Common Stock  	3761  	 	3761  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2016  	  (9)	Common Stock  	3761  	 	3761  	D  	
 	
Phantom Stock   (9)	  (9)	 	 	   	  	  	  	2/21/2017  	  (9)	Common Stock  	3762  	 	3762  	D  	
 	
Option   (6)	$71.03  	 	 	   	  	  	  	2/14/2009  	2/14/2016  	Common Stock  	18000  	 	18000  	D  	
 	
Option   (6)	$85.06  	 	 	   	  	  	  	2/13/2010  	2/13/2017  	Common Stock  	20000  	 	20000  	D  	
 	
Option   (6)	$64.58  	 	 	   	  	  	  	2/12/2011  	2/12/2018  	Common Stock  	81400  	 	81400  	D  	
 	
Option   (6)	$9.06  	 	 	   	  	  	  	2/10/2012  	2/10/2019  	Common Stock  	250000  	 	250000  	D  	
 	
Option   (7)	$9.06  	 	 	   	  	  	  	2/10/2012  	2/10/2019  	Common Stock  	25276  	 	25276  	D  	
 	
Option   (8)	$29.20  	 	 	   	  	  	  	4/1/2012  	4/1/2021  	Common Stock  	27349  	 	27349  	D  	
 	
Option   (8)	$21.67  	 	 	   	  	  	  	  (8)	2/14/2022  	Common Stock  	44400  	 	44400  	D  	
 	
Option   (8)	$27.41  	 	 	   	  	  	  	2/26/2014  	2/26/2023  	Common Stock  	13495  	 	13495  	D  	
 	
Option   (8)	$27.41  	 	 	   	  	  	  	2/26/2015  	2/26/2023  	Common Stock  	13495  	 	13495  	D  	
 	
Option   (8)	$27.41  	 	 	   	  	  	  	2/26/2016  	2/26/2023  	Common Stock  	13496  	 	13496  	D  	

Explanation of Responses:	
(  1) 	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.	
(  2) 	Includes 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.	
(  3) 	The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.	
(  4) 	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.	
(  5) 	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.	
(  6) 	Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan. Includes shares acquired upon dividend reinvestment.	
(  7) 	Granted pursuant to the SunTrust Banks, Inc. 2004 StockPlan.	
(  8) 	Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next 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	
Freeman Thomas E
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30308			Corp. EVP & Chief Credit Off.		

Signatures		
David A. Wisniewski, Attorney-in-Fact for Thomas E. Freeman		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.	
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