SEC Form 4 · accession 0001127602-17-006876
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine P Bessant
Officer — Chief Ops & Tech Officer
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 3:21 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 | 44,841 | $0.00 | A | 593,447 | D | |
| Common StockF2 | Feb 15, 2017 | F | 21,468 | $24.58 | D | 571,979 | D | |
| Common Stock | holding | — | — | — | 8,023 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 1,250 | I | UTMA Trust 1 | |
| Common Stock | holding | — | — | — | 1,250 | I | UTMA Trust 2 |
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,F3 | — | Feb 15, 2017 | M | 44,841 | D | — | Feb 15, 2019 | Common Stock | 44,841 | 89,683 | 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 12, 2016, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2017.