Ownership Submission
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

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STEPHENSON E W JR
   2. Issuer Name and Ticker or Trading Symbol
AMSOUTH BANCORPORATION [ASO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr Executive Vice President
(Last)
(First)
(Middle)
1900 5TH AVENUE NORTH		 3. Date of Earliest Transaction (Month/Day/Year)
11/04/2006
(Street)

BIRMINGHAM, AL 35203		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 11/04/2006   D   64,614 D (1) 0 D  
Common Stock 11/04/2006   D   6,631.1041 D (1) 0 I By 401(k)
Common Stock 11/04/2006   D   64,000 D (1) 0 I By Spouse
Common Stock 11/04/2006   D   85,421 D (1) 0 I By Trust

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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. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 24.6875 11/04/2006   D     100,000 10/07/2000 10/07/2009 Common Stock 100,000 (2) 0 D  
Employee Stock Option (Right to Buy) $ 16.0625 11/04/2006   D     30,184 02/12/2001 02/11/2010 Common Stock 30,184 (2) 0 D  
Employee Stock Option (Right to Buy) $ 17.02 11/04/2006   D     129,125 01/31/2002 01/30/2011 Common Stock 129,125 (2) 0 D  
Employee Stock Option (Right to Buy) $ 20.26 11/04/2006   D     130,500 01/30/2003 01/29/2012 Common Stock 130,500 (2) 0 D  
Employee Stock Option (Right to Buy) $ 20.49 11/04/2006   D     121,800 02/10/2004 02/09/2013 Common Stock 121,800 (2) 0 D  
Employee Stock Option (Right to Buy) $ 24.36 11/04/2006   D     113,900 02/05/2005 02/05/2014 Common Stock 113,900 (2) 0 D  
Employee Stock Option (Right to Buy) $ 27.48 11/04/2006   D     74,500 04/02/2007 04/02/2016 Common Stock 74,500 (2) 0 D  
Employee Stock Option (Right to Buy)1 $ 25.53 11/04/2006   D     103,900 02/08/2006 02/07/2015 Common Stock 103,900 (2) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STEPHENSON E W JR
1900 5TH AVENUE NORTH
BIRMINGHAM, AL 35203		       Sr Executive Vice President  

Signatures

 By: Michelle Bridges - Attorney in Fact   11/06/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares disposed of pursuant to merger between AmSouth Bancorporation and Region Financial Corporation pursuant to which each share of AmSouth common stock was exchanged for 0.7974 shares of Regions common stock having a market value of $29.82 per share on the effective date of the merger.
(2) In the merger of AmSouth and Regions, each outstanding option to purchase AmSouth common stock was converted to an option to purchase Regions stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of AmSouth options by 0.7974, the grant price was adjusted by dividing the AmSouth grant price by 0.7974, and the options became immediately exercisable at the effective time of the merger and will remain exercisable until the expiration date of the option.

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