Sec Form 4 Filing - BANK OF AMERICA CORP /DE/ @ BLACKROCK NEW YORK MUNICIPAL INCOME TRUST - 2012-01-11

Insider filing report for Changes in Beneficial Ownership
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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
BANK OF AMERICA CORP /DE/
2. Issuer Name and Ticker or Trading Symbol
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST [ BNY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
BANK OF AMERICA CORPORATE CENTER, 100 N. TRYON STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/11/2012
(Street)
CHARLOTTE, NC28255
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 ( 1 ) ( 2 ) ( 3 ) 01/11/2012 P 200 A $ 15.34 200 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 01/13/2012 S 200 D $ 15.369 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/23/2012 S 100 D $ 16.14 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/23/2012 S 200 D $ 16.142 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/23/2012 S 600 D $ 16.085 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/23/2012 S 100 D $ 16.13 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/24/2012 P 100 A $ 16.25 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/24/2012 P 800 A $ 16.25 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 02/24/2012 P 100 A $ 16.2245 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 100 A $ 15.39 100 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 100 A $ 15.39 200 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 35 A $ 15.39 235 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 100 A $ 15.39 335 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 100 A $ 15.39 435 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 P 100 A $ 15.39 535 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 35 D $ 15.39 500 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 100 D $ 15.39 400 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 100 D $ 15.39 300 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 100 D $ 15.39 200 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 100 D $ 15.39 100 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/01/2021 S 100 D $ 15.39 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 10/20/2022 P 714 A $ 9.5726 714 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 11/14/2022 S 548 D $ 9.4458 166 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 11/28/2022 S 191 D $ 10.2454 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/14/2022 P 25 A $ 10.2984 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/16/2022 S 3,671 D $ 10.2788 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/21/2022 P 1,345 A $ 10.065 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/21/2022 P 100 A $ 10.07 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/21/2022 P 2,126 A $ 10.07 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Common Stock ( 1 ) ( 2 ) ( 3 ) 12/21/2022 P 100 A $ 10.07 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
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
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 4 ) 10/20/2022 S/K 714 ( 4 ) 11/30/2023 Common Stock 714 ( 4 ) 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 5 ) 11/14/2022 P/K 714 ( 5 ) 11/30/2023 Common Stock 714 ( 5 ) 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 5 ) 11/14/2022 S/K 166 ( 5 ) 11/30/2023 Common Stock 166 ( 5 ) 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 6 ) 11/28/2022 P/K 166 ( 6 ) 11/30/2023 Common Stock 166 ( 6 ) 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 7 ) 11/28/2022 P/K 25 ( 7 ) 11/30/2023 Common Stock 25 ( 7 ) 25 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 8 ) 12/14/2022 S/K 25 ( 8 ) 11/30/2023 Common Stock 25 ( 8 ) 0 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BANK OF AMERICA CORP /DE/
BANK OF AMERICA CORPORATE CENTER
100 N. TRYON STREET
CHARLOTTE, NC28255
X
BOFA SECURITIES, INC.
ONE BRYANT PARK
NEW YORK, NY10036
X
BANK OF AMERICA NA
100 NORTH TRYON STREET
CHARLOTTE, NC28255
X
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
ONE BRYANT PARK
NEW YORK, NY10036
X
Signatures
BANK OF AMERICA CORP /DE/ By: Its: Authorized Signatory Andres Ortiz 12/13/2024
Signature of Reporting Person Date
BofA Securities, Inc. By: Its: Authorized Signatory Andres Ortiz 12/13/2024
Signature of Reporting Person Date
Bank of America N.A. By: Its: Authorized Signatory Andres Ortiz 12/13/2024
Signature of Reporting Person Date
Merrill Lynch, Pierce, Fenner & Smith Incorporated By: Its: Authorized Signatory Andres Ortiz 12/13/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This statement is jointly filed by Bank of America Corporation, BofA Securities, Inc. ("BofA Securities"), Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch"), and Bank of America, N.A. ("BANA") (together, the "Reporting Persons"). Bank of America Corporation holds an indirect interest in the securities listed in this Report by virtue of its 100% ownership of its subsidiaries BofA Securities, Merrill Lynch, and BANA. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission thatany such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the "Exchange Act"), or for any other purpose.
( 2 )Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of theExchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purposeof acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issueror any securities of the Issuer.
( 3 )Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profitrecovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greaterthan 10% beneficial owners and the transactions were subject to Section 16(b) has been or will be remitted to the Issuer.
( 4 )The Reporting Persons entered an equity swap agreement under which, upon the termination of the agreement on November 30, 2023, the counterparty will pay to the Reporting Persons any decrease in the price of the Common Stock below $9.5729 per share and the Reporting Persons will pay to the counterparty any increase in the price of the Common Stock above $9.5729 per share, in each case, based on a notional amount of 714 shares of Common Stock.
( 5 )On November 14, 2022, the Reporting Persons amended the equity swap agreement to reduce the notional number of shares of Common Stock to 166 and to change the reference price used to determine when payments are made to $9.4455. Without admitting these changes resulted in a material amendment to the equity swap agreement for purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Persons have treated the amendment as the termination of the previously reported equity swap agreement and the entering into of a new equity swap agreement reflecting the amended terms.
( 6 )On November 28, 2022, the Reporting Persons terminated the equity swap agreement.
( 7 )The Reporting Persons entered an equity swap agreement under which, upon the termination of the agreement on November 30, 2023, the Reporting Persons will pay to the counterparty any decrease in the price of the Common Stock below $10.2451 per share and the counterparty will pay to the Reporting Persons any increase in the price of the Common Stock above $10.2451 per share, in each case, based on a notional amount of 25 shares of Common Stock.
( 8 )On December 14, 2022, the Reporting Persons terminated the equity swap agreement.

Remarks:
Balance of trades included in attached schedule. (See Exhibit 99.1)Exhibits Index Exhibit 99.2 - Joint Filing Agreement

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