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 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 *
MAY THOMAS J
  2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [BAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
NSTAR, 800 BOYLSTON STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2007
(Street)

BOSTON, MA 02199
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 02/16/2007   M   2,630 A $ 25.57 4,924 D  
Common Stock 02/16/2007   S   2,630 D $ 53.64 2,294 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Director Stock Unit Plan $ 0 12/31/2006   A V 597.53 (1)     (2)   (2) Common Stock 597.53 $ 0 19,235.02 D  
Fleet BKB Director Retirement Ben Ex Program $ 0 12/31/2006   A V 83.03 (3)     (2)   (2) Common Stock 83.03 $ 0 2,670.86 D  
Fleet BKB Director Stock Award Unit Plan $ 0 12/31/2006   A V 145.68 (4)     (2)   (2) Common Stock 145.68 $ 0 4,691.54 D  
Option, Right to Buy $ 25.57 02/16/2007   M     2,630   (5) 04/01/2007 Common Stock 2,630 $ 0 0 D  
Phantom Stock $ 0 12/31/2006   A V 517.25 (6)     (7)   (7) Common Stock 517.25 $ 0 16,650.53 D  
Stock Unit Plan $ 0 12/31/2006   A V 43.86 (8)     (2)   (2) Common Stock 43.86 $ 0 1,406.85 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MAY THOMAS J
NSTAR
800 BOYLSTON STREET
BOSTON, MA 02199
  X      

Signatures

 Thomas J. May/Roger C. McClary POA   02/16/2007
**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) Phantom stock acquired with reinvested dividends between June 23, 2006 and December 22, 2006 in the Director Stock Unit Plan
(2) Reinvested Phantom Stock dividends which are exempt under Rule 16b-3. Phantom Stock units may be settled in stock on death or termination of service as a director.
(3) Phantom stock acquired with reinvested dividends between June 23, 2006 and December 22, 2006 in the Fleet BKB Retirement Benefit Exchange Program
(4) Phantom stock acquired with reinvested dividends between June 23, 2006 and December 22, 2006 in the Fleet BKB Director Stock Award Unit Plan.
(5) This option fully vested on the effective date of the merger of FleetBoston Financial into Bank of America Corporation.
(6) Phantom stock acquired with reinvested dividends between June 23, 2006 and December 22, 2006 in the Director Deferral Plan.
(7) Reinvested Phantom Stock dividends which are exempt under Rule 16b-3. Phantom Stock units may be settled in cash on death or termination of service as a director.
(8) Phantom stock acquired with reinvested dividends between June 23, 2006 and December 22, 2006 in the Stock Unit Plan

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