SEC Form 4 · accession 0001225208-15-004574
BANK OF AMERICA CORP /DE/ · BAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrence P Laughlin
Officer — Pres. of Strategic Initiatives
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 | 48,978 | $0.00 | A | 374,069 | D | |
| Common StockF2 | Feb 14, 2015 | F | 25,258 | $16.61 | D | 348,811 | D | |
| Common StockF1 | Feb 15, 2015 | M | 59,933 | $0.00 | A | 408,744 | D | |
| Common StockF2 | Feb 15, 2015 | F | 30,908 | $16.61 | D | 377,836 | D | |
| Common Stock | holding | — | — | — | 27,158 | I | By Revocable Trust | |
| Common Stock | holding | — | — | — | 36 | I | By spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Restricted Stock UnitsF1,F3 | — | Feb 14, 2015 | M | 48,978 | D | — | Feb 14, 2017 | Common Stock | 48,978 | 97,958 | D |
| 2013 Restricted Stock UnitsF1,F4 | $0.00 | Feb 15, 2015 | M | 59,933 | D | — | Feb 15, 2016 | Common Stock | 59,933 | 59,933 | 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 14, 2014, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date
- F4On February 15, 2013, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.