Edgar Filing: HOOLEY JOSEPH L

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 ^*

HOOLEY JOSEPH L

2. Issuer Name and Ticker or Trading Symbol
STATE STREET CORP [STT]

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)

STATE STREET CORPORATION, ONE LINCOLN STREET

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2008

(Street)

BOSTON, MA 02111

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								2,133 ⁽¹⁾	I	401(k) Plan
Common Stock	02/15/2008		F		4,865 ⁽²⁾	D	$ 83.92	31,967	D
Common Stock	02/20/2008		M		16,800	A	$ 36.4844	48,767	D
Common Stock	02/20/2008		S		3,388	D	$ 84	45,379	D
Common Stock	02/20/2008		S		745	D	$ 84.005	44,634	D
Common Stock	02/20/2008		S		8,402	D	$ 84.01	36,232	D
Common Stock	02/20/2008		S		100	D	$ 84.015	36,132	D
Common Stock	02/20/2008		S		400	D	$ 84.02	35,732	D
Common Stock	02/20/2008		S		100	D	$ 84.025	35,632	D
Common Stock	02/20/2008		S		500	D	$ 84.03	35,132	D
Common Stock	02/20/2008		S		800	D	$ 84.04	34,332	D
Common Stock	02/20/2008		S		300	D	$ 84.045	34,032	D
Common Stock	02/20/2008		S		1,607	D	$ 84.05	32,425	D
Common Stock	02/20/2008		S		1,000	D	$ 84.055	31,425	D
Common Stock	02/20/2008		S		2,922	D	$ 84.06	28,503	D
Common Stock	02/20/2008		S		1,000	D	$ 84.07	27,503	D
Common Stock	02/20/2008		S		400	D	$ 84.075	27,103	D
Common Stock	02/20/2008		S		840	D	$ 84.08	26,263	D
Common Stock	02/20/2008		S		150	D	$ 84.085	26,113	D
Common Stock	02/20/2008		S		600	D	$ 84.09	25,513	D
Common Stock	02/20/2008		S		181	D	$ 84.1	25,332	D
Common Stock	02/20/2008		S		100	D	$ 84.11	25,232	D
Common Stock	02/20/2008		S		300	D	$ 84.12	24,932	D
Common Stock	02/20/2008		S		100	D	$ 84.125	24,832	D
Common Stock	02/20/2008		S		300	D	$ 84.13	24,532	D
Common Stock	02/20/2008		S		25	D	$ 84.15	24,507	D
Common Stock	02/20/2008		S		744	D	$ 84.16	23,763	D
Common Stock	02/20/2008		S		300	D	$ 84.165	23,463	D
Common Stock	02/20/2008		S		286	D	$ 84.17	23,177	D
Common Stock	02/20/2008		S		1,113	D	$ 84.2	22,064 ⁽³⁾	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

Employee Stock Option (right to buy)

$ 36.4844

02/20/2008

16,800

⁽⁴⁾

02/18/2009

Common Stock

16,800

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HOOLEY JOSEPH L STATE STREET CORPORATION ONE LINCOLN STREET BOSTON, MA 02111			Vice Chairman

Signatures

/s/ Richard P. Jacobson, Attorney-in-fact		02/20/2008
^**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)	The reporting person indirectly beneficially owns 2,133 shares of State Street common stock under State Street's 401(k) plan, based on a plan statement dated as of January 31, 2008. The plan accounts for interest in units consisting of shares of State Street common stock and a small amount of cash. As a result, the number of underlying shares may fluctuate from time to time.
(2)	These shares were withheld to satisfy tax withholding obligations in connection with the vesting of deferred stock.
(3)	The balance reflects the amount of shares beneficially owned, including shares received due to dividend reinvestment, as of the date of this report.
(4)	The option vested in three equal annual installments commencing February 18, 2000.
Remarks: This is the first of two Forms 4 filed by the reporting person on this date.

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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