Ownership Submission
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
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)
Vice Chairman, Consumer Exec.
(Last)
(First)
(Middle)
303 PEACHTREE STREET, N.E.
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2018
(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 02/14/2018   M   2,780.909 A $ 70.07 137,146.593 D  
Common Stock 02/14/2018   F   1,262 D $ 70.07 135,884.593 D  
Common Stock               1,313.4767 I (1) 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

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 (9) (9)               (9)   (9) Common Stock 2,468.6119   2,468.6119 D  
Phantom Stock (5) (5)             02/09/2019 02/09/2019 Common Stock 4,886   4,886 D  
Phantom Stock (5) (5)             02/09/2019 02/09/2019 Common Stock 45,235   45,235 D  
Phantom Stock (5) (5)             02/09/2020 02/09/2020 Common Stock 45,235   45,235 D  
Option (2) $ 9.06             02/10/2012 02/10/2019 Common Stock 40,000   40,000 D  
Option (3) $ 29.2             04/01/2012 04/01/2021 Common Stock 27,716   27,716 D  
Option (3) $ 21.67               (3) 02/14/2022 Common Stock 55,400   55,400 D  
Option (3) $ 27.41             02/26/2014 02/26/2023 Common Stock 14,949   14,949 D  
Option (3) $ 27.41             02/26/2015 02/26/2023 Common Stock 14,949   14,949 D  
Option (3) $ 27.41             02/26/2016 02/26/2023 Common Stock 14,948   14,948 D  
Phantom Stock (4) (4) 02/14/2018   M   2,780.909   02/14/2018 02/14/2020 Common Stock 8,155.7308 (4) 5,374.8218 D  
Common Stock (7) (7)             02/21/2017 02/21/2018 Common Stock 8,002.985   8,002.985 D  
Phantom Stock (7) (6) 02/13/2018   A   39,471.38   02/13/2018   (6) Common Stock 39,471.38 (6) 39,471.38 D  
Phantom Stock (8) (8) 02/13/2018   A   4,416.9611   02/13/2019   (8) Common Stock 4,416.9611 (8) 4,416.9611 D  
Phantom Stock (8) (8) 02/13/2018   A   4,416.9611   02/13/2020   (8) Common Stock 4,416.9611 (8) 4,416.9611 D  
Phantom Stock (8) (8) 02/13/2018   A   4,416.9611   02/13/2021   (8) Common Stock 4,416.9611 (8) 4,416.9611 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Chancy Mark A
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30308
      Vice Chairman, Consumer Exec.  

Signatures

 Curt Phillips, Attorney-in-Fact for Mark A. Chancy   02/15/2018
**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) 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) Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
(3) Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
(4) Represents time-vested restricted stock unit award granted on February 14, 2017 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Award will be settled in Shares of common stock. The Restricted Unit award agreements contain tax withholding provisions which allow us to satisfy tax withholding obligations by netting shares.
(5) 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.
(6) Represents performance-vested restricted stock units granted on February 10, 2015 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the satisfaction of EPS/TSR/ROTCE performance conditions. Performance resulted in the award vesting at 120% of target. The plan is exempt under Rule 16b-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy tax withholding obligations.
(7) Represents performance stock which was granted on February 21, 2014 and which vested on February 21, 2017. Award is settled in common stock. Because exceptional performance resulted in the award vesting at greater than 130% of target, the amount that vested in excess of 130% is subject to a one year deferral.
(8) Represents time-vested restricted stock units granted on February 13, 2018 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy tax withholding obligations.
(9) The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These units convert to common stock on a one-for-one basis.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.