SEC Form 4 · accession 0001127602-16-041875
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thong M Nguyen
Officer — Pres, Ret. Bnkg & Co-Hd CB
Period of report
Feb 13, 2016
Accepted (ET)
Feb 17, 2016 · 4:55 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 | 19,444 | $0.00 | A | 19,444 | D | |
| Common StockF2 | Feb 13, 2016 | F | 9,409 | $11.95 | D | 10,035 | D | |
| Common StockF3 | Feb 14, 2016 | M | 27,043 | $0.00 | A | 37,078 | D | |
| Common Stock | Feb 14, 2016 | D | 27,043 | $11.95 | D | 10,035 | D | |
| Common StockF3 | Feb 15, 2016 | M | 33,529 | $0.00 | A | 43,564 | D | |
| Common Stock | Feb 15, 2016 | D | 33,529 | $11.95 | D | 10,035 | D | |
| Common Stock | holding | — | — | — | 279 | I | 401(k) Plan |
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,F4 | — | Feb 13, 2016 | M | 19,444 | D | — | Feb 13, 2018 | Common Stock | 19,444 | 38,890 | D |
| 2014 Restricted Stock UnitsF3,F5 | — | Feb 14, 2016 | M | 27,043 | D | — | Feb 14, 2017 | Common Stock | 27,043 | 27,044 | D |
| 2013 Restricted Stock UnitsF3,F6 | — | Feb 15, 2016 | M | 33,529 | D | — | Feb 15, 2016 | Common Stock | 33,529 | 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.
- F3Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F4On February 13, 2015, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
- F5On February 14, 2014, the reporting person was granted units, vesting and payable in cash in three equal annual installments commencing with the first anniversary of the grant date.
- F6On February 15, 2013, the reporting person was granted units, vesting and payable in cash in three equal annual installments commencing with the first anniversary of the grant date.