SEC Form 4 · accession 0001127602-16-041867
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrence P Laughlin
Officer — Vice Chairman, GWIM
Period of report
Feb 13, 2016
Accepted (ET)
Feb 17, 2016 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2016 | M | 44,136 | $0.00 | A | 517,115 | I | By Revocable Trust |
| Common StockF2 | Feb 13, 2016 | F | 22,761 | $11.95 | D | 494,354 | I | By Revocable Trust |
| Common StockF1 | Feb 14, 2016 | M | 48,979 | $0.00 | A | 543,333 | I | By Revocable Trust |
| Common StockF2 | Feb 14, 2016 | F | 25,259 | $11.95 | D | 518,074 | I | By Revocable Trust |
| Common StockF1 | Feb 15, 2016 | M | 59,933 | $0.00 | A | 578,007 | I | By Revocable Trust |
| Common StockF2 | Feb 15, 2016 | F | 30,908 | $11.95 | D | 547,099 | I | By Revocable Trust |
| Common Stock | holding | — | — | — | 36 | I | By Spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Restricted Stock UnitsF1,F3 | — | Feb 13, 2016 | M | 44,136 | D | — | Feb 13, 2018 | Common Stock | 44,136 | 88,272 | D |
| 2014 Restricted Stock UnitsF1,F4 | — | Feb 14, 2016 | M | 48,979 | D | — | Feb 14, 2017 | Common Stock | 48,979 | 48,979 | D |
| 2013 Restricted Stock UnitsF1,F5 | — | Feb 15, 2016 | M | 59,933 | D | — | Feb 15, 2016 | Common Stock | 59,933 | 0 | D |
Explanation of responses
- F1Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
- F2Disposition of shares to the issuer to satisfy a tax withholding obligation.
- F3On February 13, 2015, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
- F4On February 14, 2014, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
- F5On February 15, 2013, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.