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| BBT > SEC Filings for BBT > Form 8-K on 21-Aug-2009 | All Recent SEC Filings |
21-Aug-2009
Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhi
On August 21, 2009, BB&T Corporation (the "Company") issued and sold an aggregate 38,461,538 shares (the "Shares") of its common stock, par value $5.00 per share (the "Common Stock"), in a public offering pursuant to an underwriting agreement, dated August 17, 2009 (the "Underwriting Agreement"), between the Company, on the one hand, and Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., as representatives of the underwriters named therein, on the other hand (collectively, the "Underwriters"). The Shares include 5,011,538 shares of Common Stock that were subject to an option (the "Option") granted by the Company to the Underwriters pursuant to the Underwriting Agreement, which Option was exercised by the Underwriters on August 18, 2009. The Underwriting Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K. The net proceeds of the offering, after underwriting discounts and commissions, were $962,499,988.
Pursuant to the Underwriting Agreement, certain directors and executive officers of the Company entered into agreements in substantially the form included in the Underwriting Agreement providing for a 90-day "lock-up" period with respect to sales of specified securities, subject to certain exceptions.
The Shares were registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-152543), filed July 25, 2008 (the "Registration Statement"). The issuance and sale of the Shares are described in the Company's Prospectus dated July 25, 2008, constituting a part of the Registration Statement, as supplemented by a Prospectus Supplement dated August 17, 2009.
On August 18, 2009, the Company issued a press release announcing the pricing of the offering of the Shares, a copy of which has been attached as Exhibit 99.1 to this Current Report and incorporated by reference herein.
(d) Exhibits.
Exhibit No. Description of Exhibit
1.1 Underwriting Agreement, dated August 17, 2009, between BB&T
Corporation, and Credit Suisse Securities (USA) LLC and Deutsche
Bank Securities Inc., as representatives of the several
underwriters named in Schedule II thereto.
99.1 Press release announcing the pricing of the offering of the
Shares, dated August 18, 2009.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 21, 2009
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