SEC Form 4 · accession 0001225208-15-004570
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 14, 2015
Accepted (ET)
Feb 18, 2015 · 6:03 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 14, 2015 | M | 50,080 | $0.00 | A | 645,820 | D | |
| Common StockF2 | Feb 14, 2015 | M | 18,781 | $0.00 | A | 664,601 | D | |
| Common Stock | Feb 14, 2015 | D | 18,781 | $16.61 | D | 645,820 | D | |
| Common StockF3 | Feb 14, 2015 | F | 19,422 | $16.61 | D | 626,398 | D | |
| Common StockF1 | Feb 15, 2015 | M | 61,749 | $0.00 | A | 688,147 | D | |
| Common StockF3 | Feb 15, 2015 | F | 29,455 | $16.61 | D | 658,692 | D | |
| Common StockF4 | holding | — | — | — | 2,875 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 1,276 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Cash Settled Restricted Stock UnitsF2,F5 | — | Feb 14, 2015 | M | 18,781 | D | — | Feb 14, 2015 | Common Stock | 18,781 | 0 | D |
| 2014 Restricted Stock UnitsF1,F6 | — | Feb 14, 2015 | M | 50,080 | D | — | Feb 14, 2017 | Common Stock | 50,080 | 100,161 | D |
| 2013 Restricted Stock UnitsF1,F7 | $0.00 | Feb 15, 2015 | M | 61,749 | D | — | Feb 15, 2016 | Common Stock | 61,749 | 61,750 | D |
Explanation of responses
- F1Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
- F2Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F3Disposition of shares to the issuer to satisfy a tax withholding obligation.
- F4The share equivalents attributed to the reporting person's 401(k) balances increased 0.009 shares in 2014 due to changes in the Net Asset Value (NAV) of the issuer's stock fund.
- F5Payment was made pursuant to the terms of a Restricted Stock Unit Award Agreement. As per the Agreement, one-twelfth of the stock units vest and become payable in cash on the 14th day of each month during the 12-month period beginning March 2014 and ending in February 2015.
- F6On February 14, 2014, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date
- F7On February 15, 2013, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.