Edgar Filing: BlackRock Inc.

Ownership Submission

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, 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BANK OF AMERICA CORP /DE/

2. Issuer Name and Ticker or Trading Symbol
BlackRock Inc. [BLK]

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)

BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2010

(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)
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	02/10/2011		S		64 ⁽²⁾	D	$ 199.37	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		S		200 ⁽²⁾	D	$ 199.46	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		S		62 ⁽²⁾	D	$ 199.5	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		S		100 ⁽²⁾	D	$ 199.67	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		P		426 ⁽²⁾	A	$ 200.9562	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		P		10 ⁽²⁾	A	$ 200	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/10/2011		P		250 ⁽²⁾	A	$ 198.4352	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/11/2011		S		100 ⁽²⁾	D	$ 202.1825	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/14/2011		S		10 ⁽²⁾	D	$ 204.34	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/14/2011		P		20 ⁽²⁾	A	$ 205.23	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/15/2010		S		20 ⁽²⁾	D	$ 205.1	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾
Common Stock	02/17/2011		S		250 ⁽²⁾	D	$ 204.45	586 ⁽³⁾ ⁽⁴⁾	I	By Subsidiary ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Series B Convertible Participating Preferred Stock

⁽⁴⁾

Common Stock

⁽⁴⁾

13,562,878

See Footnotes ⁽¹⁾ ⁽⁵⁾ ⁽⁶⁾ ⁽⁷⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BANK OF AMERICA CORP /DE/ BANK OF AMERICA CORPORATE CENTER 100 N TRYON ST CHARLOTTE, NC 28255	X

Signatures

/s/ Beth Dorfman		03/31/2011
^**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)	This Form 4 is being filed by Bank of America Corporation ("BAC"), a Delaware corporation and bank holding company registered under the Bank Holding Company Act of 1956, on behalf of its subsidiaries.
(2)	Transaction executed by the error correction section of Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPFS"), a broker-dealer and subsidiary of BAC, to correct errors made in connection with trades made on behalf of clients of MLPFS.
(3)	In connection with this transaction, BAC has agreed to voluntarily remit appropriate profits, if any, to BlackRock, Inc. BAC disclaims that such transaction is subject to reporting under Section 16(a) or disgorgement under Section 16(b), and this report shall not be deemed an admission that those sections apply to such transaction.
(4)	In addition to the shares of Common Stock reported herein, BAC is also the beneficial owner of 13,562,878 shares of Series B Convertible Participating Preferred Stock (the "Series B Preferred Stock"), as reported in Table II. The Series B Preferred Stock automatically converts into Common Stock on a 1-for-1 basis upon transfer to a third party and has no expiration date.
(5)	Each of BAC, Merrill Lynch & Co., Inc. ("ML&Co."), MLPFS and Merrill Lynch Group, Inc. ("ML Group", and collectively the "Reporting Persons") disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein.
(6)	BAC owns the Common Stock indirectly through its wholly owned subsidiaries ML Group and MLPFS. BAC owns the Series B Preferred Stock indirectly through its wholly owned subsidiary, ML Group.
(7)	Pursuant to the Third Amended and Restated Stockholder Agreement dated as of November 15, 2010, as may be amended from time to time, between ML&Co., ML Group and the Issuer, ML&Co. has the right to designate a member to the board of directors of the Issuer. Each of the Reporting Persons other than ML&Co. disclaims its possible status as director of the Issuer
Remarks: This is the third of three filings on Form 4 by the Reporting Persons

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