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)

11/21/2019
(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 11/21/2019  S  15000 D$70.1187 (7)195156.926 D 
 
Common Stock         1317.6715 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units (3) (3)           (3) (3)Common Stock 2579.6636  2579.6636 D 
 
Phantom Stock Units (2) (2)          2/9/2020 2/9/2020 Common Stock 49869.194  49869.194 D 
 
Option (4)$27.41           2/26/2014 2/26/2023 Common Stock 14949  14949 D 
 
Option (4)$27.41           2/26/2015 2/26/2023 Common Stock 14949  14949 D 
 
Option (4)$27.41           2/26/2016 2/26/2023 Common Stock 14948  14948 D 
 
Phantom Stock Units (2) (2)          2/14/2020  (2)Common Stock 8155.7308  2928.749 D 
 
Phantom Stock Units (2) (2)          2/13/2020  (2)Common Stock 4544.834  4544.834 D 
 
Phantom Stock Units (2) (2)          2/13/2021  (2)Common Stock 4652.47  4652.47 D 
 
Phantom Stock Units (5) (5)          2/8/2020  (5)Common Stock 18768.517  18768.517 D 
 
Phantom Stock Units (5) (5)          2/8/2021  (5)Common Stock 18767.494  18767.494 D 
 
Phantom Stock Units (5) (5)          2/8/2022  (5)Common Stock 18767.494  18767.494 D 
 
Phantom Stock Units (6) (6)          2/9/2019  (6)Common Stock 3770.144 (6) 3770.144 (6)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) Represents time-vested restricted stock units granted 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.
(3) 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.
(4) Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over the next three years.
(5) Represents time-vested restricted stock units granted under the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation 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 9, 2016 under the SunTrust Banks, Inc. 2009 Stock Plan. Transaction represents the saisfaction of EPS/ROTCE/TSR performance conditions. Performance resulted in the award vesting at 140% of target; because 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 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 satisfy withholding obligations. Units will be settled in shares.
(7) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $70.10 to $70.155. The reporting person has provided to SunTrust Banks, Inc. full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Chancy Mark A
303 PEACHTREE STREET, N.E.
ATLANTA, GA 30308

Vice Chairman, Consumer Exec.
Signatures
Curt Phillips, Attorney-in-Fact for Mark A. Chancy11/21/2019
**Signature of Reporting PersonDate
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