SEC Form 4 · accession 0001209191-15-040600
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K Gifford
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 4:52 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 StockF1 | holding | — | — | — | 153,977 | D | ||
| Common Stock | holding | — | — | — | 1,090 | I | As Custodian for Children | |
| Common Stock | holding | — | — | — | 77,840 | I | GRAT VIII |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3 | $0.00 | Mar 27, 2015 | A | 1,034 | A | — | — | Common Stock | 1,034 | 107,996 | D |
| Phantom StockF2,F4 | $0.00 | May 6, 2015 | A | 9,822 | A | — | — | Common Stock | 9,822 | 117,818 | D |
Explanation of responses
- F1Includes 11,186 shares previously held indirectly through GRAT VIII that were distributed to the reporting person on June 16, 2014 and are now held directly.
- F2Each phantom stock unit is the economic equivalent of one share of common stock. Phantom stock units may be settled in cash upon death or termination of service as a director.
- F3Represents phantom stock units acquired in dividend reinvestment transactions under the Bank of America Corporation Director Deferral Plan.
- F4Phantom stock units acquired represent 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.