TRUIST FINANCIAL CORP — Director's Dealing 2003

Jan 3, 2003

4 1 lat24.htm FORM 4 SEC Form 4

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 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(f) 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

1. Name and Address of Reporting Person * Lathem, Dr. J. Ernest (Last) (First) (Middle) P O Box 1250 (Street) Winston-Salem, NC 27102-1250 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol BB&T Corporation (BBT) 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for (Month/Year) December 31, 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer Other Officer/Other Description 7. Individual or Joint/Group Filing (Check Applicable Line) X Individual Filing Joint/Group Filing

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	5. Amount of Securities Beneficially Owned at End ofMonth (Instr. 3 and 4)	6. Owner- ship Form: Direct(D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	323,252.000	D
Common Stock	8,138.000	I	By Spouse
Common Stock	5,800.000	I	IRA Rollover Willow Practice Trust

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). (over) SEC 1474 (3-99)

Lathem, Dr. J. Ernest - January 2003

Form 4 (continued)

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. Conver- sion or Exercise Price of Deri- vative Security	3. Transaction Date (Month/ Day/ Year)	4. Transaction Code and Voluntary (V) Code (Instr.8) Code | V	5. Number of Derivative Securities Acquired (A) or Disposed (D) Of (Instr. 3,4 and 5)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	9. Number of Derivative Securities Beneficially Owned at End of Month (Instr.4)	10. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I)
Stock Option (right to buy)	$28.1400	12/31/2002	A |	(A) 1,119	Common Stock - 1,119	1,119	D
Stock Option (right to buy)	$26.7641				Common Stock - 4,147	4,147	D
Stock Option (right to buy)	$23.2375				Common Stock - 1,484	1,484	D
Stock Option (right to buy)	$20.7438				Common Stock - 5,567	5,567	D
Stock Option (right to buy)	$25.5031				Common Stock - 1,352	1,352	D
Stock Option (right to buy)	$28.1100				Common Stock - 4,482	4,482	D

Explanation of Responses :

** 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. 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. By: Parris N. Adams, Attorney-in-fact ________ 01-03-2003 ** Signature of Reporting Person Date Dr. J. Ernest Lathem Page 2 SEC 1474 (3-99)