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 *

Cheriyan Anil T	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 Ex Vice Pres & CIO	
(Last)          (First)          (Middle)

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

2/26/2016		
(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  	2/26/2016  	 	M	  	18547.554  	A	$34.54  	96553.013  	D  	
 	
Common Stock  	2/26/2016  	 	M	  	22179.165  	A	$34.54  	118732.178  	D  	
 	
Common Stock  	2/26/2016  	 	F	  	8894  	D	$34.54  	109838.178  	D  	
 	
Common Stoc  	2/26/2016  	 	F	  	10635  	D	$34.54  	99203.178  	D  	
 	
Common Stock  	 	 	 	  	 	 	 	123.9412  	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   (4)	  (4)	 	 	   	  	  	  	2/21/2016  	  (4)	Common Stock  	3424  	 	3424  	D  	
 	
Phantom Stock  	  (6)	 	 	   	  	  	  	2/10/2017  	  (6)	Common Stock  	3111  	 	3111  	D  	
 	
Phantom Stock  	  (6)	 	 	   	  	  	  	2/10/2018  	  (6)	Common Stock  	3111  	 	3111  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2017  	2/9/2017  	Common Stock  	3458  	 	3458  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2018  	2/9/2018  	Common Stock  	3458  	 	3458  	D  	
 	
Phantom Stock   (1)	  (1)	 	 	   	  	  	  	2/9/2019  	2/9/2019  	Common Stock  	3459  	 	3459  	D  	
 	
Option  	$23.68  	 	 	   	  	  	  	4/24/2014  	4/24/2022  	Common Stock  	24692  	 	24692  	D  	
 	
Option  	$23.68  	 	 	   	  	  	  	  (3)	4/24/2022  	Common Stock  	49383  	 	49383  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2014  	2/26/2023  	Common Stock  	11464  	 	11464  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2015  	2/26/2023  	Common Stock  	11464  	 	11464  	D  	
 	
Option   (5)	$27.41  	 	 	   	  	  	  	2/26/2016  	2/26/2023  	Common Stock  	11465  	 	11465  	D  	
 	
Option   (7)	$34.54  	2/26/2016  	 	M  	  	18547.554   	  	  (7)	  (7)	Common Stock  	18547.554  	$34.54  	0  	D  	
 	
Option   (7)	$34.54  	2/26/2016  	 	M  	  	22179.165   	  	  (7)	  (7)	Common Stock  	22179.165  	$34.54  	0  	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 os share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.	
(  3) 	Award vests pro rata annually over three years.	
(  4) 	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.	
(  5) 	Granted under the SunTrust Banks, inc. 2009 Stock Plan. One third of the award vests each year for three years.	
(  6) 	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.	
(  7) 	Represents settlement in stock of performance-vested award granted in 2013.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Cheriyan Anil T
303 PEACHTREE STREET, NE
ATLANTA, GA 30308			Corp Ex Vice Pres & CIO		

Signatures		
David Wisniewski, Attorney-in-Fact for Anil T. Cheriyan		2/29/2016	
** 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.	
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.