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 *

Chancy Mark A	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-Wholesale Bank Exec	
(Last)          (First)          (Middle)

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

2/12/2016		
(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  	2/12/2016  	 	M	  	95353.436  	A	$33.53  	170475.849  	D  	
 	
Common Stock  	2/12/2016  	 	F	  	42010  	D	$33.53  	128465.849  	D  	
 	
Common Stock  	 	 	 	  	 	 	 	1323.4054  	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  	2359.1181  	 	2359.1181  	D  	
 	
Phantom Stock   (6)	  (6)	 	 	   	  	  	  	2/21/2016  	  (6)	Common Stock  	5373  	 	5373  	D  	
 	
Phantom Stock   (6)	  (6)	 	 	   	  	  	  	2/21/2017  	  (6)	Common Stock  	5374  	 	5374  	D  	
 	
Phantom Stock  	  (8)	2/12/2016  	 	M  	  	  	95353.436   	2/12/2016  	  (8)	Common Stock  	95353.436  	  (8)	0  	D  	
 	
Phantom Stock  	  (7)	 	 	   	  	  	  	2/10/2017  	  (7)	Common Stock  	4395  	 	4395  	D  	
 	
Phantom Stock  	  (7)	 	 	   	  	  	  	2/10/2018  	  (7)	Common Stock  	4394  	 	4394  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2017  	2/9/2017  	Common Stock  	4885  	 	4885  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2018  	2/9/2018  	Common Stock  	4885  	 	4885  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2019  	2/9/2019  	Common Stock  	4886  	 	4886  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2019  	2/9/2019  	Common Stock  	45235  	 	45235  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2020  	2/9/2020  	Common Stock  	45235  	 	45235  	D  	
 	
Option   (4)	$71.03  	 	 	   	  	  	  	2/14/2009  	2/14/2016  	Common Stock  	45000  	 	45000  	D  	
 	
Option   (4)	$85.06  	 	 	   	  	  	  	2/13/2010  	2/13/2017  	Common Stock  	42000  	 	42000  	D  	
 	
Option   (4)	$64.58  	 	 	   	  	  	  	2/12/2011  	2/12/2018  	Common Stock  	115000  	 	115000  	D  	
 	
Option   (4)	$29.54  	 	 	   	  	  	  	12/31/2011  	12/31/2018  	Common Stock  	75000  	 	75000  	D  	
 	
Option   (4)	$9.06  	 	 	   	  	  	  	2/10/2012  	2/10/2019  	Common Stock  	125000  	 	125000  	D  	
 	
Option   (5)	$29.20  	 	 	   	  	  	  	4/1/2012  	4/1/2021  	Common Stock  	27716  	 	27716  	D  	
 	
Option   (5)	$21.67  	 	 	   	  	  	  	  (5)	2/14/2022  	Common Stock  	55400  	 	55400  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2014  	2/26/2023  	Common Stock  	14949  	 	14949  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2015  	2/26/2023  	Common Stock  	14949  	 	14949  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2016  	2/26/2023  	Common Stock  	14948  	 	14948  	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-03. 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 SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.	
(  4) 	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.	
(  5) 	Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.	
(  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.	
(  8) 	Represents settlement of 2012 performance-vested award.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Chancy Mark A
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30308			Corp. EVP-Wholesale Bank Exec		

Signatures		
David A. Wisniewski, Attorney-in-Fact for Mark A. Chancy		2/16/2016	
** 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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