FORM 4
[ X ] 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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Clark Ranjana B
2. Issuer Name and Ticker or Trading Symbol

WACHOVIA CORP NEW [ WB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SEVP & Chief Marketing Officer
(Last)          (First)          (Middle)

ONE WACHOVIA CENTER, 301 S. COLLEGE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

12/31/2008
(Street)

CHARLOTTE, NC 28270
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/31/2008     F    3314   D $5.54   56528   D    
Common Stock   12/31/2008     D    56528   (1) D $0   (2) 0   D    
Common Stock   12/31/2008     D    213.3577   D $0   (2) 0   I   401K  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
ESOP (Right to Buy)   (3) $42.91   12/31/2008           5498    1/22/2000   (4) 1/22/2009   Common Stock   5498   $0   (5) 0   D    
ESOP (Right to Buy)   (3) $32.00   12/31/2008           3444    1/28/2001   (6) 1/28/2010   Common Stock   3444   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $37.98   12/31/2008           35000    4/16/2003   (8) 4/16/2012   Common Stock   35000   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $37.43   12/31/2008           29687    4/22/2004   (9) 4/22/2013   Common Stock   29687   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $44.65   12/31/2008           12381    4/19/2005   (10) 4/19/2014   Common Stock   12381   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $50.38   12/31/2008           11717    4/18/2006   (11) 4/18/2015   Common Stock   11717   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $56.05   12/31/2008           14240    3/31/2007   (12) 3/31/2016   Common Stock   14240   $0   (5) 0   D    
ESOP (Right to Buy)   (7) $58.36   12/31/2008           7055    2/20/2008   (13) 2/28/2017   Common Stock   7055   $0   (5) 0   D    
ESOP (Right to Buy)   (14) $41.00   12/31/2008           26072    2/19/2009   (15) 2/19/2018   Common Stock   26072   $0   (5) 0   D    
ESOP (Right to Buy)   (14) $48.00   12/31/2008           30417    2/19/2009   (15) 2/19/2018   Common Stock   30417   $0   (5) 0   D    
ESOP (Right to Buy)   (14) $33.79   12/31/2008           27375    2/19/2009   (15) 2/19/2018   Common Stock   27375   $0   (5) 0   D    

Explanation of Responses:
( 1)  Includes 34,219 shares of unvested restricted stock with respect to which provisions exist to allow for the withholding of shares to satisfy tax withholding obligations.
( 2)  Shares disposed of in the merger between Wachovia Corporation and Wells Fargo & Company pursuant to which each share of Wachovia Corporation common stock was exchanged for .1991 shares of Wells Fargo common stock.
( 3)  Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations and the withholding of shares in payment of the exercise price. The exercise of certain options in any one year is limited to $100,000 dollars.
( 4)  The option becomes exercisable in 20% increments on each of Jan. 22, 2000, 2001, 2002, 2003, and 2004 respectively.
( 5)  In the merger of Wachovia Corporation and Wells Fargo & Company, each outstanding option to purchase Wachovia Corporation common stock was converted to an option to purchase Wells Fargo stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of Wachovia Corporation options by .1991 and the exercise price was adjusted by dividing the Wachovia Corporation exercise price by .1991.
( 6)  The option becomes exercisable in 20% increments on each of Jan. 28, 2001, 2002, 2003, 2004 and 2005 respectively.
( 7)  Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations and the withholding of shares in payment of the exercise price.
( 8)  The option vest in 3 equal installments beginning 4/16/2003.
( 9)  The option becomes exercisable in substantially equal installments on each of the anniversary of the grant date (20%) beginning4/22/2004.
( 10)  The option becomes exercisable in substantially equal installments on each of the anniversary of the grant date (20%) beginning4/29/2005.
( 11)  The option becomes exercisable in substantially equal installments on each of the anniversary of the grant date (20%) beginning4/18/20006.
( 12)  The option becomes exercisable in substantially equal installments on each of the anniversary of the grant date (20%) beginning 3/31/2007.
( 13)  The option becomes exercisable in substantially equal installments on each of the anniversary of the grant date (20%) beginning 2/20/2008.
( 14)  Provisions exist with respect to these shares to allow for the withholding of shares to satisfy tax withholding obligations and the withholding of shares in payment of the exercise price.
( 15)  The option becomes exercisable in substantially equal installments on each of the five anniversaries of the date of grant (20% per year) beginning Feb. 19, 2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Clark Ranjana B
ONE WACHOVIA CENTER
301 S. COLLEGE STREET
CHARLOTTE, NC 28270


SEVP & Chief Marketing Officer

Signatures
Ranjana B. Clark 1/4/2009
** 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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