SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

COUNTRYMAN GARY L

(Last)

(First)

(Middle)

LIBERTY MUTUAL GROUP

175 BERKLEY STREET

(Street)

BOSTON

02117

(City)

(State)

(Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2007

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/08/2007		M		2,630	A	$25.57	14,217.41	D
Common Stock	03/08/2007		S⁽¹⁾		1,327	D	$50.75	12,890.41	D
Common Stock								236	I	Spouse Sally

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Unit Plan	$0	12/31/2006		A	V	336.48⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	336.48	$0	10,963.21	D
Fleet BKB Director Retirement Ben Ex Program	$0	12/31/2006		A	V	457.16⁽⁴⁾		⁽³⁾	⁽³⁾	Common Stock	457.16	$0	14,577.46	D
Fleet BKB Director Stock Award Unit Plan	$0	12/31/2006		A	V	12.9⁽⁵⁾		⁽³⁾	⁽³⁾	Common Stock	12.9	$0	422.68	D
Option, Right to Buy	$25.57	03/08/2007		M			2,630	⁽⁶⁾	04/01/2007	Common Stock	2,630	$0	0	D
Phantom Stock	$0	12/31/2006		A	V	447.33⁽⁷⁾		⁽⁸⁾	⁽⁸⁾	Common Stock	447.33	$0	14,399.86	D

Explanation of Responses:

1. Shares sold to pay the option cost associated with the exercise of an option issued in accordance with Rule 16b-3.

2. Units acquired between June 23, 2006 and December 22, 2006 with reinvested dividend equivalents in the Fleet Directors Deferred Compensation and Stock Unit Plan, which may be settled in stock upon death or termination of service as a director.

3. 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.

4. Units acquired between June 23, 2006 and December 22, 2006 in the Fleet BKB Retirement Benefit Exchange Program, which may be settled in stock upon death or termination of service as a director.

5. Units acquired between June 23, 2006 and December 22, 2006 with reinvested dividend equivalents in the Fleet Phantom BKB Directors Stock Award Unit Plan, which may be settled in stock upon death or termination of service as a director.

6. This option fully vested on the effective date of the merger of FleetBoston Financial into Bank of America Corporation.

7. Phantom stock units acquired between June 23, 2006 and December 22, 2006 with reinvested dividend equivalents under the Bank of America Directors' Stock Plan.

8. 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.

Remarks:

	Gary L. Countryman/Roger C. McClary POA	03/09/2007
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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