Sec Form 3 Filing - Sturzenegger Ron D. @ BANK OF AMERICA CORP /DE/ - 2011-08-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Sturzenegger Ron D.
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)
Legacy Asset Servicing Exec
(Last) (First) (Middle)
100 NORTH TRYON STREET
3. Date of Earliest Transaction (MM/DD/YY)
08/18/2011
(Street)
CHARLOTTE, NC28255
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 87,346 I Family Trust
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Option, Right to Buy $ 30.68 ( 1 ) 02/01/2012 Common Stock 27,800 D
Option, Right to Buy $ 40.78 ( 2 ) 02/02/2014 Common Stock 48,000 D
Option, Right to Buy $ 42.7 ( 3 ) 02/15/2018 Common Stock 17,500 D
Option, Right to Buy $ 44.36 ( 4 ) 02/15/2016 Common Stock 30,240 D
Option, Right to Buy $ 46.68 ( 5 ) 02/01/2015 Common Stock 33,600 D
Option, Right to Buy $ 53.85 ( 6 ) 02/15/2017 Common Stock 47,250 D
Restricted Stock Units $ 0 ( 7 ) 02/12/2013 Common Stock 75,616 D
Restricted Stock Units $ 0 ( 8 ) 02/13/2012 Common Stock 33,389 D
Restricted Stock Units $ 0 ( 9 ) 02/15/2014 Common Stock 136,718 D
Restricted Stock Units cash settled $ 0 ( 10 ) 02/12/2013 Common Stock 37,808 D
Restricted Stock Units cash settled $ 0 ( 11 ) 02/15/2014 Common Stock 68,358 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sturzenegger Ron D.
100 NORTH TRYON STREET
CHARLOTTE, NC28255
Legacy Asset Servicing Exec
Signatures
Ron D. Sturzenegger/Roger C. McClary POA 08/26/2011
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These options, which are exempt under Rule 16b-3(d), vested 50% on June 23, 2003 and 50% on November 17, 2004 based on satisfaction of stock price performance conditions.
( 2 )These options, which are exempt under Rule 16b-3(d), vested in three equal annual installments commencing on February 2, 2005.
( 3 )These options, which are exempt under Rule 16b3-(d), vested in three equal annual installments commencing on February 15, 2009. The net profit shares acquired on exercise must be held until the earlier of one year following exercise or termination of employment.
( 4 )These options, which are exempt under Rule 16b-3(d), vested in three equal annual installments commencing on February 15, 2007. The net profit shares acquired on exercise must be held until the earlier of one year following exercise or termination of employment.
( 5 )These options, which are exempt under Rule 16b-3(d), vested in three equal annual installments commencing on February 1, 2006. The net profit shares acquired on exercise must be held until the earlier of one year following exercise or termination of employment.
( 6 )These options, which are exempt under Rule 16b-3(d), vested in three equal annual installments commencing on February 15, 2008. The net profit shares acquired on exercise must be held until the earlier of one year following exercise or termination of employment.
( 7 )These restricted stock units, which are exempt under Rule 16b-3(d), are scheduled to vest in two remaining equal installments on each of February 12, 2012 and 2013.
( 8 )These restricted stock units, which are exempt under Rule 16b-3(d), are scheduled to vest in one remaining installment on February 13, 2012.
( 9 )These restricted stock units, which are exempt under Rule 16b-3(d), are scheduled to vest in three equal annual installments commencing on February 15, 2012.
( 10 )These restricted stock units, which were awarded pursuant to the terms of an award agreement which is exempt under Rule 16b-3(d), vest in two remaining equal installments on each of February 12, 2012 and 2013 and are payable solely in cash. The award is subject to a performance based clawback provision which permits cancellation of all or a portion of the award under specified circumstances.
( 11 )These restricted stock units, which were awarded pursuant to the terms of an award agreement which is exempt under Rule 16b-3(d), vest in three equal annual installments commencing on February 15, 2012 and are payable solely in cash. The award is subject to a performance based clawback provision which permits cancellation of all or a portion of the award under specified circumstances.

Remarks:
sturzenegger.txt

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