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 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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Fortin Raymond D   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 & General Counsel (Last) (First) (Middle) 303 PEACHTREE STREET, N.E. 3. Date of Earliest Transaction (Month/Day/Year) 08/30/2016 (Street) ATLANTA, GA 30308 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 08/30/2016   M   50,863 A $ 9.06 80,036.564 D   Common Stock 08/30/2016   M   23,260 A $ 27.41 103,296.564 D   Common Stock 08/30/2016   M   66,300 A $ 32.27 169,596.564 D   Common Stock 08/30/2016   S   105,000 D (1) 64,596.564 D   Common Stock 08/31/2016   S   6,640 D (2) 57,956.564 D   Common Stock               1,050.0655 I 401(k) (3)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		7. Title and Amount of Underlying Securities (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)							(4)	(4)	Common Stock	1,519.3949		1,519.3949	D
Phantom Stock (5)	(5)							02/21/2015	(5)	Common Stock	2,315		2,315	D
Phantom Stock (5)	(5)							02/21/2016	(5)	Common Stock	2,315		2,315	D
Phantom Stock (5)	(5)							02/21/2017	(5)	Common Stock	2,316		2,316	D
Phantom Stock	(6)							02/10/2017	(6)	Common Stock	2,104		2,104	D
Phantom Stock	(6)							02/10/2018	(6)	Common Stock	2,104		2,104	D
Phantom Stock (7)	(7)							02/09/2017	(7)	Common Stock	2,339		2,339	D
Phantom Stock (7)	(7)							02/09/2018	(7)	Common Stock	2,339		2,339	D
Phantom Stock (7)	(7)							02/09/2019	(7)	Common Stock	2,339		2,339	D
Option (8)	$ 85.06							02/13/2010	02/13/2017	Common Stock	18,000		18,000	D
Option (8)	$ 64.58							02/12/2011	02/12/2018	Common Stock	33,500		33,500	D
Option (8)	$ 9.06	08/30/2016		M			50,863	02/10/2012	02/08/2019	Common Stock	50,863	$ 9.06	50,000	D
Option (9)	$ 32.27	08/30/2016		M			66,300	02/08/2014	02/08/2021	Common Stock	66,300	$ 32.27	0	D
Option (10)	$ 21.67							(10)	02/14/2022	Common Stock	30,000		30,000	D
Option (10)	$ 27.41	08/30/2016		M			7,753	02/26/2014	02/26/2023	Common Stock	7,753	$ 27.41	0	D
Option (10)	$ 27.41	08/30/2016		M			7,753	02/26/2015	02/26/2023	Common Stock	7,753	$ 27.41	0	D
Option (10)	$ 27.41	08/30/2016		M			7,754	02/26/2016	02/26/2023	Common Stock	7,754	$ 27.41	0	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Fortin Raymond D 303 PEACHTREE STREET, N.E. ATLANTA, GA 30308			Corp. EVP & General Counsel

Signatures

David A. Wisniewski, Attorney-in-Fact for Raymond D. Fortin		09/01/2016
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Sold at prices ranging from $43.55 to $43.95.
(2)	Sold at prices ranging from $43.67 to $43.686.
(3)	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.
(4)	The phantom stock units were acquired under the SunTrust Banks, Inc. Deferred Compensation Plan and convert to common stock on a one-to-one basis.
(5)	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.
(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 time-vested restricted stock units granted on February 9, 2016 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)	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
(9)	Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan.
(10)	Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. One third of the award vests each year for three years.

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