Sec Form 4 Filing - PALERMO JAMES P @ Bank of New York Mellon CORP - 2013-01-18

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 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 PALERMO JAMES P 2. Issuer Name and Ticker or Trading Symbol Bank of New York Mellon CORP [ BK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Vice Chairman (Last) (First) (Middle) THE BANK OF NEW YORK MELLON CORPORATION, BNY MELLON CENTER SUITE 0152 3. Date of Earliest Transaction (MM/DD/YY) 01/18/2013 (Street) BOSTON, MA02108 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 01/18/2013 M( 1 ) 20,000 A $ 23.19 232,114.8186 ( 2 ) D Common Stock 01/18/2013 S 20,000 D $ 26.2094 ( 3 ) 212,114.8186 D Common Stock 4,329.1319 ( 4 ) I By 401(k) Plan Common Stock 29,250 I By GRAT 2010 Common Stock 67,599 ( 5 ) I By GRAT 2012

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 EMP OPT-Right to Buy-Type I 1/03 $ 23.19 01/18/2013 M 20,000 01/24/2004 01/23/2013 Common Stock 20,000 ( 6 ) 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other PALERMO JAMES P THE BANK OF NEW YORK MELLON CORPORATION BNY MELLON CENTER SUITE 0152 BOSTON, MA02108 Vice Chairman Signatures /s/Craig T. Beazer, Attorney-in-Fact 01/23/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects the exercise by the Reporting Person of Stock Options granted as part of the Company's annual employee compensation program in January 2003, which if not exercised were scheduled to expire on January 23, 2013. ( 2 )Includes 10,347 shares previously reported as indirectly held by GRAT 2010. ( 3 )Represents the weighted average price of shares sold with actual prices ranging from $26.19 to $26.27. Upon request by the SEC staff, the issuer, or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within this range. ( 4 )Holdings reported as of 12/31/2012. ( 5 )Grantor Retained Annuity Trust, of which Reporting Person is Trustee. All shares previously reported as directly held. ( 6 )Not Applicable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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