SEC Form 4 · accession 0001225208-15-008022
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
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 4:03 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 | Mar 13, 2015 | M | 17,746 | $0.00 | A | 787,879 | D | |
| Common Stock | Mar 13, 2015 | D | 17,746 | $16.09 | D | 770,133 | D | |
| Common Stock | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Cash Settled Restricted Stock UnitsF1,F2 | — | Mar 13, 2015 | M | 17,746 | D | — | Feb 13, 2016 | Common Stock | 17,746 | 195,217 | D |
Explanation of responses
- F1Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F2Payment 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 13th day of each month during the 12-month period beginning March 2015 and ending in February 2016.