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 *
Montag Thomas K.
  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)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres, Glbl Bkg & Markets
(Last)
(First)
(Middle)
100 NORTH TRYON STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2010
(Street)

CHARLOTTE, NC 28255
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 02/24/2010   C   335,000 A $ 0 (1) 335,000 (1) I GRAT II
Common Stock               179,383 I GRAT
Common Stock               386,041 (2) I GRAT III

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
Depositary Shares Representing Interests in Series S Pfd Stk $ 0 (1) 02/24/2010   C     335,000   (1)   (1) Common Stock 335,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Montag Thomas K.
100 NORTH TRYON STREET
CHARLOTTE, NC 28255
      Pres, Glbl Bkg & Markets  

Signatures

 Thomas K. Montag/Roger C. McClary POA   02/26/2010
**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) On February 19, 2010, the reporting person transferred 335,000 Common Equivalent Securities (each consisting of a depositary share representing a 1/1000th interest in the issuer's Common Equivalent Junior Preferred Stock, Series S (the "Series Preferred Stock") and a contingent warrant to purchase a fraction of a share of the issuer's common stock) to the reporting person's GRAT II. On February 24, 2010, following stockholder approval of an amendment to increase the number of authorized shares of the issuer's common stock, all outstanding shares of the Series S Preferred Stock automatically converted into common stock at a conversion rate of 1,000 shares of common stock for each share of Series S Preferred Stock, the related contingent warrants expired without becoming exercisable, and the Common Equivalent Securities ceased to exist.
(2) On February 19, 2010, 386,041 shares previously owned by the reporting person were transferred to the reporting person's GRAT III.

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