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