SEC Form 4 · accession 0001127602-17-006854
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Moynihan
Officer — Chairman and CEO · Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 3:08 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 15, 2017 | M | 76,719 | $0.00 | A | 1,190,375 | D | |
| Common StockF2 | Feb 15, 2017 | F | 36,953 | $24.58 | D | 1,153,422 | D | |
| Common StockF3 | Feb 15, 2017 | M | 28,770 | $0.00 | A | 1,182,192 | D | |
| Common Stock | Feb 15, 2017 | D | 28,770 | $24.58 | D | 1,153,422 | D | |
| Common Stock | holding | — | — | — | 2,940 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 638 | I | Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 Restricted Stock UnitsF1,F4 | — | Feb 15, 2017 | M | 76,719 | D | — | Feb 15, 2019 | Common Stock | 76,719 | 153,440 | D |
| 2016 Cash Settled Restricted Stock UnitsF3,F5 | — | Feb 15, 2017 | M | 28,770 | D | — | Feb 15, 2017 | Common Stock | 28,770 | 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 12, 2016, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2017.
- F5On February 12, 2016, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2016 and ending in February 2017.