-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F9hv+61keQSKdAsnvX08i7v62UQAO/LxrRMoZyqc84e6qmq2XUH0tz6MrQcbuWIA p2QCcEG0i71i3ZZBhraTAA== 0001225208-11-006389.txt : 20110217 0001225208-11-006389.hdr.sgml : 20110217 20110217195430 ACCESSION NUMBER: 0001225208-11-006389 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110215 FILED AS OF DATE: 20110217 DATE AS OF CHANGE: 20110217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DESOER BARBARA J CENTRAL INDEX KEY: 0001189881 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06523 FILM NUMBER: 11622366 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORP STREET 2: 100 NORTH TRYON ST NO1-007-57-11 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 doc4.xml X0303 4 2011-02-15 0000070858 BANK OF AMERICA CORP /DE/ BAC 0001189881 DESOER BARBARA J 100 NORTH TRYON STREET CHARLOTTE NC 28255 1 Pres, Home Loans & Insurance Common Stock 2011-02-15 4 M 0 53928.0000 0.0000 A 53928.0000 D Common Stock 2011-02-15 4 F 0 17824.0000 14.7700 D 36104.0000 D Common Stock 2010-12-31 5 A 0 110.8900 0.0000 A 13855.1500 I Thrift Trust Common Stock 255907.0000 I By Joint Revocable Trust Performance Restricted Stock Units 0.0000 2011-02-15 4 A 0 260632.0000 0.0000 A Common Stock 260632.0000 260632.0000 D Restricted Stock Units 0.0000 2011-02-15 4 M 0 53928.0000 0.0000 D 2011-02-15 Common Stock 53928.0000 0.0000 D Stock Units 2011 2011-02-15 4 A 0 61729.0000 0.0000 A 2012-02-15 Common Stock 61729.0000 61729.0000 D Shares acquired were exempt acquisitions pursuant to Rule 16b-3(c) under the Bank of America Corporation 401(k) Plan. Award of performance contingent restricted stock units (PRSUs) on February 15, 2011 pursuant to the terms of a Performance Contingent Restricted Stock Unit Agreement and the Bank of America Corporation 2003 Key Associate Stock Plan (KASP), which is exempt under Rule 16b-3(d) subject to the attainment of pre-established performance goals. The PRSU performance goals are based on the Company's return on assets measured each quarter based on the prior 12 month period. Each performance period is comprised of four calendar quarters and occurs on a rolling quarterly basis. The first performance period is the four calendar quarters ending December 31, 2011 and and the last performance period is the four calendar quarters ending December 31, 2015. To the extent earned, PRSUs will be settled 40% in cash and 60% in shares. These restricted stock units, which are exempt under Rule 16b-3(d), vest on the third anniversary of the grant date. Each Stock Unit is the economic equivalent of one share of Bank of America common stock. Award of stock units on February 15, 2011 pursuant to the terms of a Stock Unit Award Agreement which is exempt under Rule 16b-3(d). These units vest and are payable solely in cash as follows: 1/12th of the stock units will vest and become payable on the 15th day of each month during the twelve month period beginning in March 2011 and ending in February 2012. Barbara J. Desoer/Roger C. McClary POA 2011-02-17 -----END PRIVACY-ENHANCED MESSAGE-----