SUNTRUST BANKS INC
5, 1998-02-04
NATIONAL COMMERCIAL BANKS
Previous: SUNTRUST BANKS INC, 4, 1998-02-04
Next: SUNTRUST BANKS INC, 5, 1998-02-04



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
   Humann, L. Phillip
   303 Peachtree Street
   Atlanta, GA  30303
   USA
2. Issuer Name and Ticker or Trading Symbol
   SunTrust Banks, Inc.
   STI
3. IRS or Social Security Number of Reporting Person (Voluntary)
   58-1575035
4. Statement for Month/Year
   December 1997
5. If Amendment, Date of Original (Month/Year)
   
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director  ( ) 10% Owner  (X) Officer (give title below) ( ) Other
   (specify below)
   Director & President, SunTrust Banks, Inc.
7. Individual or Joint/Group Reporting (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security         |2.    |3.  |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                             |Transaction|  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                             |Date  |Code|                                  |  Beneficially     |(D)or |                           |
                             |      |    |                  | A/|           |  Owned at         |Indir |                           |
                             |      |    |    Amount        | D |    Price  |  End of Year      |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                          <C>    <C>  <C>                <C> <C>         <C>                 <C>    <C>
Common Stock                 |9/8/97|J(1)|139,128           |D  |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |9/8/97|J(1)|139,128           |A  |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |9/8/97|J(1)|10,872            |D  |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |9/8/97|J(1)|10,872            |A  |           |150,000            |I     |(1)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |12/31/|G   |479               |D  |           |13,582             |D     |                           |
                             |97    |    |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |12/31/|G   |479               |A  |           |479                |I     |(2)                        |
                             |97    |    |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |1997  |A/V |426               |A  |           |23,953             |I     |401(k)                     |
                             |      |(*) |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |      |    |                  |   |           |33,200             |I     |Spouse                     |
- -----------------------------------------------------------------------------------------------------------------------------------|
                             |      |    |                  |   |           |330,000            |I     |(3)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
(*) Voluntary reporting of ex|      |    |                  |   |           |                   |      |                           |
empt transaction under 401(k)|      |    |                  |   |           |                   |      |                           |
 Plan.                       |      |    |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative   |2.Con   |3.   |4.  |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security              |version |Transaction rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                        |or Exer |Date |Code| rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                        |cise Pr |     |    | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                        |ice  of |     |    | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                        |Deriva  |     |    |               |Date |Expir|                    |       |ficially    |Ind|            |
                        |tive    |     |    |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                        |Secu    |     |    |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                        |rity    |     |    |  Amount   |   |ble  |     |                    |       |Year        |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                     <C>      <C>   <C>  <C>         <C> <C>   <C>   <C>           <C>    <C>     <C>          <C> <C>
Phantom Stock Units (4) |1-for-1 |(4)  |A   |776        |A  |(4)  |(4)  |Common Stock|4,802  |(4)    |4,802       |D  |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Option (5)              |30.00   |     |    |           |   |8/8/1|8/8/2|Common Stock|33,000 |       |33,000      |D  |            |
                        |        |     |    |           |   |995  |005  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Transfer of shares to Humann Partners, 
L.P.
(2) Held in trust by spouse for members of immediate 
family.
(3) Restricted stock held under 1986 SunTrust Executive Stock Plan and 1995 
SunTrust Executive Stock Plan.  
Subject to certain performance and/or vesting conditions.  Restricted stock 
agreements contain tax withholding 
features allowing stock to be withheld to satisfy tax withholding obligations.  
Both plans are exempt under Rule 
16(b)-3.
(4) The reported phantom stock units were acquired at various times and prices 
under SunTrust Banks, Inc.'s 
401(k) excess benefit plan. 
(5) The option becomes exercisable in 10% increments over 10 years or in the 
event of death or change of control 
pursuant to 1995 Executive Stock 
Plan.
SIGNATURE OF REPORTING PERSON
/s/ L. Phillip Humann by Raymond Fortin, Power of Atty.
DATE
February 3, 1998



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission