SEC Form 4 · accession 0001127602-17-035139
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
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 4:23 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 | Dec 15, 2017 | M | 19,858 | $0.00 | A | 1,113,363 | D | |
| Common Stock | Dec 15, 2017 | D | 19,858 | $29.04 | D | 1,093,505 | D | |
| Common Stock | Dec 15, 2017 | G | 20,000 | $0.00 | D | 1,073,505 | D | |
| Common Stock | holding | — | — | — | 2,967 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 Cash Settled Restricted Stock UnitsF1,F3 | — | Dec 15, 2017 | M | 19,858 | D | — | Feb 15, 2018 | Common Stock | 19,858 | 39,717 | D |
Explanation of responses
- F1Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F2Represents a charitable gift by the reporting person.
- F3On February 15, 2017, 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 2017 and ending in February 2018.