SEC Form 4 · accession 0001127602-19-007188
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, 2019
Accepted (ET)
Feb 20, 2019 · 4:24 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, 2019 | M | 76,720 | $0.00 | A | 1,218,419 | D | |
| Common StockF2 | Feb 15, 2019 | F | 34,557 | $29.11 | D | 1,183,862 | D | |
| Common StockF1 | Feb 15, 2019 | M | 52,956 | $0.00 | A | 1,236,818 | D | |
| Common StockF2 | Feb 15, 2019 | F | 24,097 | $29.11 | D | 1,212,721 | D | |
| Common StockF1 | Feb 15, 2019 | M | 46,058 | $0.00 | A | 1,258,779 | D | |
| Common StockF2 | Feb 15, 2019 | F | 20,990 | $29.11 | D | 1,237,789 | D | |
| Common StockF3 | Feb 15, 2019 | M | 17,272 | $0.00 | A | 1,255,061 | D | |
| Common Stock | Feb 15, 2019 | D | 17,272 | $29.11 | D | 1,237,789 | D | |
| Common Stock | holding | — | — | — | 3,041 | I | 401(k) Plan |
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, 2019 | M | 76,720 | D | — | Feb 15, 2019 | Common Stock | 76,720 | 0 | D |
| 2017 Restricted Stock UnitsF1,F5 | — | Feb 15, 2019 | M | 52,956 | D | — | Feb 15, 2020 | Common Stock | 52,956 | 52,956 | D |
| 2018 Restricted Stock UnitsF1,F6 | — | Feb 15, 2019 | M | 46,058 | D | — | Feb 15, 2021 | Common Stock | 46,058 | 92,117 | D |
| 2018 Cash Settled Restricted Stock UnitsF3,F7 | — | Feb 15, 2019 | M | 17,272 | D | — | Feb 15, 2019 | Common Stock | 17,272 | 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 15, 2017, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2018.
- F6On February 15, 2018, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2019.
- F7On February 15, 2018, 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 2018 and ending in February 2019.