SEC Form 4 · accession 0001127602-16-056356
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D White
Director
Period of report
Jun 23, 2016
Accepted (ET)
Jun 27, 2016 · 4:15 pm EDT
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 | holding | — | — | — | 54,150 | D | ||
| Common Stock | holding | — | — | — | 6,500 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | $0.00 | Jun 23, 2016 | A | 11,981 | A | — | — | Common Stock | 11,981 | 11,981 | D |
Explanation of responses
- F1Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F2Phantom stock units acquired represent prorated payment of annual compensation for services as a director under the Bank of America Corporation Director Deferral Plan in transactions exempt under Rule 16b-3. Phantom stock units may be settled in cash upon death or termination of service as a director.