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)
Vice Chairman, Consumer Exec.
(Last)          (First)          (Middle)

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

2/21/2018
(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   2/21/2018     M    8185.206   A $71.45   158140.167   D  
 
Common Stock   2/21/2018     F    3520   D $71.45   154620.157   D  
 
Common Stock                  1313.4767   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   (8)   (8)                    (8)   (8) Common Stock   2468.6119     2468.6119   D  
 
Phantom Stock   (5)   (5)                  2/9/2019   2/9/2019   Common Stock   4886     4886   D  
 
Phantom Stock   (5)   (5)                  2/9/2019   2/9/2019   Common Stock   45235     45235   D  
 
Phantom Stock   (5)   (5)                  2/9/2020   2/9/2020   Common Stock   45235     45235   D  
 
Option   (2) $9.06                    2/10/2012   2/10/2019   Common Stock   40000     40000   D  
 
Option   (3) $29.20                    4/1/2012   4/1/2021   Common Stock   27716     27716   D  
 
Option   (3) $21.67                      (3) 2/14/2022   Common Stock   55400     55400   D  
 
Option   (3) $27.41                    2/26/2014   2/26/2023   Common Stock   14949     14949   D  
 
Option   (3) $27.41                    2/26/2015   2/26/2023   Common Stock   14949     14949   D  
 
Option   (3) $27.41                    2/26/2016   2/26/2023   Common Stock   14948     14948   D  
 
Phantom Stock   (4)   (4)                  2/14/2018   2/14/2020   Common Stock   8155.7308     5374.8218   D  
 
Common Stock   (6)   (6) 2/21/2018     M         8185.206    2/21/2017   2/21/2018   Common Stock   8185.206     (6) 0   D  
 
Phantom Stock   (7)   (7)                  2/13/2019     (7) Common Stock   4416.9611     4416.9611   D  
 
Phantom Stock   (7)   (7)                  2/13/2020     (7) Common Stock   4416.9611     4416.9611   D  
 
Phantom Stock   (7)   (7)                  2/13/2021     (7) Common Stock   4416.9611     4416.9611   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)  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 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.
(7)  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.
(8)  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.

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 2/23/2018
** 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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