SEC Form 4 · accession 0001127602-16-044873

· BAC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Ops & Tech Officer

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 5:16 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 Stock^F1	Mar 1, 2016	M	46,471	$0.00	A	516,896	D
Common Stock	Mar 1, 2016	D	46,471	$13.19	D	470,425	D
Common Stock^F2	Mar 1, 2016	M	88,148	$0.00	A	558,573	D
Common Stock^F3	Mar 1, 2016	F	42,211	$13.19	D	516,362	D
Common Stock	holding	—	—		—	7,944	I	401(k) Plan
Common Stock	holding	—	—		—	1,250	I	UTMA Trust 1
Common Stock	holding	—	—		—	1,250	I	UTMA Trust 2

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
2013 Performance Restricted Stock Units^F1,F5,F4	—	Mar 1, 2016	M	46,471	D	—	—	Common Stock	46,471	0	D
2011 Performance Restricted Stock Units^F2,F5,F6	—	Mar 1, 2016	M	88,148	D	—	—	Common Stock	88,148	0	D

F1Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
F3Disposition of shares to the issuer to satisfy a tax withholding obligation.
F4On February 15, 2013, the reporting person was granted units, vesting and payable in cash based on the closing price of Bank of America Corporation common stock on the settlement date, subject to the Company's attainment of performance goals. One-half of the units have performance goals based on the Company's three-year average return on assets and one-half of the units have performance goals based on the Company's three-year average growth in adjusted tangible book value, both beginning on January 1, 2013 and ending on December 31, 2015.
F5The units have reached the end of the performance period. No units remain outstanding.
F6On February 15, 2011, the reporting person was granted units, vesting and payable in shares of Bank of America Corporation common stock subject to the Company's attainment of return on asset performance goals measured each quarter based on a 12-month rolling period. Represents vesting and settlement on March 1, 2016 of units based on the attainment of goals for the four quarters ending December 31, 2015.