SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT No. 1
Packaged Ice, Inc.
-------------------------------------------
(Name of Issuer)
Common Stock
-------------------------------------------
(Title of Class of Securities)
695148106
-------------------------------
(CUSIP Number)
May 31, 1999
-----------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
PAGE 1 OF 10
<PAGE>
CUSIP No. 695148106
- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: Bank of America Corporation
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 560906609
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[](b)[]
- ----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 Sole Voting Power: 0
6 Shared Voting Power: 751,240
7 Sole Dispositive Power: 0
8 Shared Dispositive Power: 978,540
- ----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,540
- ----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
- ----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.38%
- ----------------------------------------------------------------
12 TYPE OF REPORTING PERSON: HC
- ----------------------------------------------------------------
PAGE 2 of 10
<PAGE>
CUSIP No. 695148106
- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: NB Holdings Corporation
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[](b)[]
- ----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 Sole Voting Power: 0
6 Shared Voting Power: 751,240
7 Sole Dispositive Power: 0
8 Shared Dispositive Power: 978,540
- ----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
978,540
- ----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
- ----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.38%
- ----------------------------------------------------------------
12 TYPE OF REPORTING PERSON: HC
- ----------------------------------------------------------------
PAGE 3 OF 10
<PAGE>
CUSIP No. 695148106
- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: NationsBanc Montgomery Holdings
Corporation
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[] (b)[]
- ----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 Sole Voting Power: 0
6 Shared Voting Power: 751,240
7 Sole Dispositive Power: 0
8 Shared Dispositive Power: 976,540
- ----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
976,540
- ----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
- ----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.37%
- ----------------------------------------------------------------
12 TYPE OF REPORTING PERSON: HC
- ----------------------------------------------------------------
PAGE 4 OF 10
<PAGE>
CUSIP No. 695148106
- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: Banc of America Securities LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a)[](b)[]
- ----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 Sole Voting Power: 751,240
6 Shared Voting Power: 0
7 Sole Dispositive Power: 976,540
8 Shared Dispositive Power: 0
- ----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
976,540
- ----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
- ----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.37%
- ----------------------------------------------------------------
12 TYPE OF REPORTING PERSON: BD
- ----------------------------------------------------------------
PAGE 5 OF 10
<PAGE>
CUSIP No. 695148106
- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: NationsBank N.A.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a)[](b)[]
- ----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 SOLE VOTING POWER: 0
6 SHARED VOTING POWER: 0
7 SOLE DISPOSITIVE POWER: 2,000
8 SHARED DISPOSITIVE POWER: 0
- ----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,000
- ----------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
- ----------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 0.0%
- ----------------------------------------------------------------
12 TYPE OF REPORTING PERSON: BK
- ----------------------------------------------------------------
PAGE 6 OF 10
<PAGE>
Item 1 (a) NAME OF ISSUER:
Packaged Ice, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
8572 Katy Freeway, Suite 101
Houston, TX 77024
Item 2 (a) NAMES OF PERSONS FILING:
Banc of America Securities LLC (BAS)
Bank of America Corporation (BAC)
NationsBanc Montgomery Holdings Corporation (NMHC)
NationsBank N.A. (NBNA)
NB Holdings Corporation (NBHC)
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICES:
Bank of America Corporate Center
100 North Tryon Street
Charlotte, NC 28255
(c) CITIZENSHIP:
United States
(d) TITLE OF CLASS OF SECURITIES: Common Stock
(e) CUSIP NUMBER: 695148106
PAGE 7 OF 10
<PAGE>
ITEM 3 - IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b)
OR 13d-2(b)OR (c), CHECK WHETHER THE PERSON FILING IS A:
(g) [x] A parent holding company or control person in
accordance with (S)240.13d-1(b)(1)(ii)(G)
ITEM 4 - OWNERSHIP
With respect to the beneficial ownership of each reporting person,
see Items 5 through 11 of the cover pages to this Schedule 13G
applicable to each such person (pp. 2-6), which are incorporated
herein by reference.
ITEM 5 - OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable.
ITEM 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
Not Applicable.
ITEM 7 - IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARIES
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY:
Banc of America Securities LLC - 3(a) Broker-Dealer
NationsBanc Montgomery Holdings Corporation - 3(g) - Parent
Holding Company
NationsBank N.A. - 3(b) Bank
NB Holdings Corporation - 3(g) - Parent Holding Company
ITEM 8 - IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:
Not Applicable.
ITEM 9 - NOTICE OF DISSOLUTION OF GROUP:
Not Applicable.
PAGE 8 OF 10
<PAGE>
ITEM 10 - CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certify that the information set forth
in this statement is true, complete and correct.
DATED: June 9, 1999
Banc of America Securities LLC
Bank of America Corporation
NationsBanc Montgomery Holdings Corporation
NationsBank N.A.
NB Holdings Corporation
BY: /s/ PETER J. BROWN
Peter J. Brown
Vice President
corporate Compliance
PAGE 9 OF 10
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that they are filing this
statement jointly pursuant to Rule 13d-1(k)(1). Each of
them is responsible for the timely filing of such Schedule
13G and any amendments thereto, and for the completeness and
accuracy of the information concerning such person contained
therein; but none of them is responsible for the completeness
or accuracy of the information concerning the other persons
making the filing, unless such person knows or has reason to
believe that such information is inaccurate.
DATE: June 9, 1999
Banc of America Securities LLC
Bank of America Corporation
NationsBanc Montgomery Holdings Corporation
NationsBank N.A.
NB Holdings Corporation
BY: /s/ PETER J. BROWN
Peter J. Brown
Vice President
Corporate Compliance
PAGE 10 OF 10
