0001127602-21-009102.txt : 20210303 0001127602-21-009102.hdr.sgml : 20210303 20210303160808 ACCESSION NUMBER: 0001127602-21-009102 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bessant Catherine P CENTRAL INDEX KEY: 0001649626 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06523 FILM NUMBER: 21708972 MAIL ADDRESS: STREET 1: 100 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28255 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043868486 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2021-03-01 0000070858 BANK OF AMERICA CORP /DE/ BAC 0001649626 Bessant Catherine P 100 NORTH TRYON STREET CHARLOTTE NC 28255 1 Chief Ops & Tech Officer Common Stock 2021-03-01 4 M 0 21523 A 391009 I Revocable Trust Common Stock 2021-03-01 4 F 0 9690 35.79 D 381319 I Revocable Trust Common Stock 2021-03-01 4 M 0 67481 A 448800 I Revocable Trust Common Stock 2021-03-01 4 F 0 30369 35.79 D 418431 I Revocable Trust Common Stock 453788.52 D Common Stock 8711.72 I 401(k) Plan Common Stock 1250 I By Child Common Stock 1250 I UTMA Trust 2 2016 Performance Restricted Stock Units 2021-03-01 4 M 0 21523 D Common Stock 21523 0 D 2018 Performance Restricted Stock Units 2021-03-01 4 M 0 67481 D Common Stock 67481 0 D Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. Disposition of shares to the issuer to satisfy a tax withholding obligation. On February 12, 2016, the reporting person was granted units subject to the Company's attainment of performance goals. One-half of the units reported had performance goals based on the Company's three-year average return on assets and one-half of the units reported had performance goals based on the Company's three-year average growth in adjusted tangible book value, both beginning on January 1, 2016 and ending December 31, 2018. For the performance period, an amount equaling 116% of the target was earned. Of the 116% earned, 100% was settled in shares on March 1, 2019. The amount earned exceeding 100% resulted in an additional 21,523 units which were settled in shares on March 1, 2021. On February 15, 2018, the reporting person was granted units, subject to the Company's attainment of performance goals. One-half of the units have performance goals based on the Company's three year average return on assets and one-half of the units have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2018 and ending December 31, 2020. For the performance period, an amount equaling 100% of the target was earned. Of the 100% earned, 100% was settled in shares on March 1, 2021. Catherine P. Bessant / Michael P. Lapp POA 2021-03-03