UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 18)*.
SunTrust Banks, Inc.
Common
86791410
Check the following box if a fee is being paid with this statement ( ).
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has
filed no amendment subsequent thereto reporting beneficial ownership of
give percent or less of such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
CUSIP NO. 86791410 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SunTrust Banks, Inc. as Parent Holding Company for: SunTrust Banks
of Florida, Inc. as Parent Holding Company; SunTrust Banks of
Tennessee, Inc. as Parent Holding Company; SunTrust Banks of Georgia,
Inc. as Parent Holding Company; Trusco Capital Management, Inc. and in
various fiduciary capacities. 58-1575035
- ------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) _______
(B) _______
- ------------------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Georgia
- ----------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 22,253,854
--------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 1,507,528
--------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 13,635,441
--------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 10,330,829
- ----------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,681,198
- ------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.7%
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12. TYPE OF REPORTING PERSON*
HC, BK AND IA
CUSIP NO. 86791410 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SunTrust Banks of Georgia as Parent Holding Company for SunTrust
Bank, Atlanta and in various fiduciary capacities.
58-0466330
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) _______
(B) _______
- ------------------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Georgia
- ----------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 9,994,094
--------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 958,673
--------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 7,137,340
--------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 4,551,968
- ----------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,788,006
- ------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.59%
- ------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
HC and BK
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Item 1(a) Name of Issuer:
- --------- --------------
SunTrust Banks, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
303 Peachtree Street, Suite 1500
Atlanta, Georgia 30308
Item 2(a) Name of Person Filing:
- --------- ---------------------
SunTrust Banks, Inc. as Parent Holding Company for: SunTrust
Banks of Florida, Inc. as Parent Company; SunTrust Banks of
Tennessee, Inc. as Parent Company; SunTrust Banks of
Georgia, Inc. as Parent Company for SunTrust Bank,
Atlanta and Trusco Capital Management, Inc.,
and in various fiduciary capacities.
Item 2(b) Address of Principal Business Office(s):
- --------- ---------------------------------------
303 Peachtree Street, Suite 1500
Atlanta, Georgia 30308
Item 2(c) Citizenship:
- --------- -----------
SunTrust Banks, Inc. is a Georgia corporation; SunTrust Banks
of Florida, Inc. is a Florida corporation; SunTrust Banks of
Georgia, Inc. is a Georgia corporation; SunTrust Bank, Atlanta
is a Georgia banking association; Trusco Capital Management,
Inc. is a registered investment advisor and a Georgia
corporation; SunTrust Banks of Tennessee, Inc. is a Tennessee
corporation.
Item 2(d) Title of Class of Securities:
- --------- ----------------------------
Common Stock
Item 2(e) CUSIP Number:
- --------- ------------
86791410
Item 3 Type of Person:
- ------ --------------
(b) Bank as defined in section 3(a)(6) of the Act.
(e) Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940.
(g) Parent holding company, in accordance with para. 240,13d-
1(1)(ii)(H).
Item 4 Ownership:
- ------ ---------
Amount Beneficially Owned. 24,681,198
(b) Percent of Class: 11.7%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: 22,253,854
(ii) Shared power to vote or to direct the vote: 1,507,528
(iii) Sole power to dispose or to direct the disposition of:
13,635,441
(iv) Shared power to dispose or the direct the disposition of:
10,330,829
Item 5 Ownership of Five Percent or Less of Class:
- ------ ------------------------------------------
Not Applicable
Item 6 Ownership of More than 5 Percent of Behalf of Another Person:
- ------ ------------------------------------------------------------
See Exhibit B
Item 7 Identification and Classification of the Subsidiary Which
- ------ Acquired the Security Being Reported on By the Parent Holding
Company:
------------------------------------------------------------
See Item 2 and Exhibit C
Item 8 Identification and Classification of Members of the Group:
- ------ ---------------------------------------------------------
Not Applicable
Item 9 Notice of Dissolution of Group:
- ------ ------------------------------
Not Applicable
Item 10 Certification:
- ------- -------------
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of of such securities and
were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
Signature:
---------
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: February 1, 1998
SunTrust Banks, Inc.
By/s/ Cynthia S. Walker
-------------------------
Assistant Vice President
STI Trust & Investment Operations, Inc. as agent for
SunTrust Banks, Inc.
EXHIBIT A
The shares reported are held by one or more subsidiaries of SunTrust
Banks, Inc., in various fiduciary capacities. SunTrust Banks, Inc.
and such subsidiaries disclaim by beneficial interest in any of the
shares reported, and the filing of this statement shall not be
construed as an admission to the contrary.
Certain of the shares included in shared voting authority are held in
agency accounts and co-fiduciary accounts and co-fiduciary accounts
in nominee registration. These are voted by the banks under revocable
authority of trust accounts and therefore, are reported as shared
voting authority.
EXHIBIT B
Various co-trustees share the power to direct distribution of income
including dividends and the proceeds from sale of securities.
Additionally, various beneficiaries have the right to receive
dividends.
EXHIBIT C
Sole Shared Sole Shared
Voting Voting Power to Power to
Name of Person Filing Power Power Dispose Dispose
SunTrust Banks of Georgia, Inc.
as Parent Holding Company for:
- ------------------------------
SunTrust Bank, Atlanta 9,994,094 958,673 7,137,340 4,551,968
and in Various Fiduciary Capacities
25 Park Place, N.E.
Atlanta, Georgia 30303
SunTrust Bank, Savannah 226,204 200 147,916 73,468
N.A. and in Various Fiduciary
Capacities
33 Bull Street
Savannah, Georgia 31401
SunTrust Bank, Middle 1,140,281 6,200 366,699 754,730
Georgia, N.A. and in Various
Fiduciary Capacities
606 Cherry Street
Macon, Georgia 31201
SunTrust Bank, Augusta, N.A. 147,307 -0- 54,475 88,164
and in Various Fiduciary
Capacities
80 Broad Street
Augusta, Georgia 30902
SunTrust Bank, West Georgia 281,941 -0- 91,812 172,129
N.A. and in Various
Fiduciary Capacities
1246 First Avenue
Columbus, Georgia 31901
SunTrust Bank, Northeast 177,941 -0- 80,013 102,040
Georgia, N.A. and in Various
Fiduciary Capacities
101 North Lumpkin Street
Athens, Georgia 30613
EXHIBIT C
Sole Shared Sole Shared
Voting Voting Power to Power to
Name of Person Filing Power Power Dispose Dispose
SunTrust Bank, Southeast 465,261 -0- 286,016 120,842
Georgia, N.A. and in Various
Fiduciary Capacities
510 Gloucester Street
Brunswick, Georgia 31520
SunTrust Bank, South 248,749 -0- 43,526 204,971
Georgia, N.A. and in Various
Fiduciary Capacities
410 West Broad
Albany, Georgia 31701
SunTrust Bank, Northwest 55,948 -0- 55,648 300
Georgia, N.A. and in Various
Fiduciary Capacities
100 Ease Second Avenue
Rome, Georgia 30161
SunTrust Banks of Florida, Inc.
as Parent Holding Company for:
- ------------------------------
SunTrust Bank, Central Florida, 722,430 320 211,304 501,080
N.A. and in Various Fiduciary
Capacities
200 South Orange
Orlando, Florida 32801
SunTrust Bank, South Florida, 925,766 221,880 499,702 644,744
N.A. and in Various Fiduciary
Capacities
501 E. Las Olas Blvd.
Ft. Lauderdale, Florida
SunTrust Bank, Tampa Bay and in 151,673 10,000 49,107 74,504
Various Fiduciary Capacities
315 East Madison St.
Tampa, Florida 33602
SunTrust Bank, Nature Coast 106,800 85,780 95,272 97,308
and in Various Fiduciary Capacities
One East Jefferson St.
Brooksville, Florida 34601
SunTrust Bank, Miami, N. A. 409,313 -0- 181,944 209,429
and in Various Fiduciary Capacities
777 Brickell Ave.
Miami, Florida 33131
SunTrust Bank, Mid-Florida, 38,085 -0- 13,951 24,134
N.A. and in Various Fiduciary
Capacities
595 Cypress Gardens Blvd. S.E.
Winter Haven, Florida 33882
SunTrust Bank, Gulf Coast 59,718 1,000 37,358 16,992
and in Various Fiduciary
Capacities
1777 Main Street
Sarasota, Florida 34236
SunTrust Bank, North Central 27,733 3,421 24,121 8,533
Florida and in Various Fiduciary
Capacities
203 E. Silver Springs Blvd.
Ocala, Florida 34470
SunTrust Bank, East Central 65,539 -0- 40,458 23,081
Florida and in Various Fiduciary
Capacities
120 S. Ridgewood Avenue
Daytona Beach, Florida 32114
SunTrust Bank, Southwest Florida 39,006 3,190 38,394 29,650
and in Various Fiduciary Capacities
12730 New Brittany Blvd.
Fort Myers, Florida 33907
SunTrust Bank, North Florida, 21,620 -0- 19,052 576
N.A. and in Various Fiduciary
Capacities
200 W. Forsyth Street
Jacksonville, Florida 32202
SunTrust Bank, West Florida 13,619 -0- 11,606 -0-
and in Various Fiduciary
Capacities
220 W. Garden Street
Pensacola, Florida 32501
EXHIBIT C
Sole Shared Sole Shared
Voting Voting Power to Power to
Name of Person Filing Power Power Dispose Dispose
SunTrust Banks of Tennessee, Inc.
as Parent Holding Company for:
- --------------------------------
SunTrust Bank, Nashville, N.A. 2,611,810 5,699 1,625,628 752,731
and in Various Fiduciary Capacities
201 4th Avenue North
Nashville, Tennessee 37244
SunTrust Bank, Chattanooga, 3,136,462 193,865 1,364,558 1,832,725
N.A. and in Various Fiduciary
Capacities
P.O. Box 1638
Chattanooga, Tennessee 37401
SunTrust Bank, Alabama, N.A. 75,294 17,600 55,674 38,784
Florence and in Various
Fiduciary Capacities
201 South Court St.
Florence, Alabama 35631
SunTrust Bank, East Tennessee 22,217 -0- 14,272 7,945
N.A. and in Various Fiduciary
Capacities
700 Hill Ave.
Knoxville, Tennessee 37915
SunTrust Banks, Inc.
- --------------------
Trusco Capital Management, Inc. 1,085,426 -0- 1,085,426 -0-
and in Various Fiduciary Capacities
50 Hurt Plaza, Suite 1400
Atlanta, Georgia 30303
Shares Beneficially Owned 24,681,198
SunTrust Banks, Inc.
303 Peachtree Street, Suite 1500
Atlanta, Georgia 30308
February 1, 1998
Ladies and Gentlemen:
There is hereby transmitted for filing pursuant to Section 13(g) of the
Securities Exchange Act of 1934 and Rule 13G thereunder a Schedule 13G
relating to beneficial ownership by SunTrust Banks, Inc. and its
subsidiaries of shares of SunTrust Banks, Inc. Common Stock.
Please call the undersigned at (404) 581-1475 if you have any questions.
Sincerely,
/s/ Cynthia S. Walker
- ---------------------
Cynthia S. Walker
Assistant Vice President
STI Trust & Investment Operations, Inc. as agent for SunTrust Banks, Inc.
cc: New York Stock Exchange
