0001225208-14-005173.txt : 20140219
0001225208-14-005173.hdr.sgml : 20140219
20140219183527
ACCESSION NUMBER: 0001225208-14-005173
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140214
FILED AS OF DATE: 20140219
DATE AS OF CHANGE: 20140219
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Montag Thomas K.
CENTRAL INDEX KEY: 0001442039
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06523
FILM NUMBER: 14627260
MAIL ADDRESS:
STREET 1: C/O MERRILL LYNCH & CO., INC.
STREET 2: 4 WORLD FINANCIAL CENTER
CITY: NEW YORK
STATE: NY
ZIP: 10038
4
1
doc4.xml
X0306
4
2014-02-14
0000070858
BANK OF AMERICA CORP /DE/
BAC
0001442039
Montag Thomas K.
100 NORTH TRYON STREET
CHARLOTTE
NC
28255
1
Co-chief Operating Officer
Common Stock
2014-02-15
4
M
0
76278.0000
0.0000
A
691211.0000
D
Common Stock
2014-02-15
4
F
0
42579.0000
16.7000
D
648632.0000
D
Common Stock
7556.0000
I
Family Trust
Common Stock
910360.0000
I
GRAT VI
2014 Performance Restricted Stock Units
2014-02-14
4
A
0
261419.0000
0.0000
A
Common Stock
261419.0000
261419.0000
D
2014 Restricted Stock Units
2014-02-14
4
A
0
261419.0000
0.0000
A
2017-02-14
Common Stock
261419.0000
261419.0000
D
2013 Restricted Stock Units
0.0000
2014-02-15
4
D
0
76278.0000
D
2016-02-15
Common Stock
76278.0000
152557.0000
D
Each restricted stock unit represents a contingent right to receive one share of Bank of America Corporation common stock.
Disposition of shares to the issuer to satisfy the tax withholding obligation associated with the vesting of restricted stock units, which is exempt under Rule 16b-3(e).
On May 30, 2013, 431,978 shares previously indirectly held through GRAT VI were transferred to the Reporting Person and are now directly held by the Reporting Person.
Each restricted stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
Award of performance restricted stock units (PRSUs) on February 14, 2014 pursuant to the terms of a Performance Restricted Stock Units Agreement, which is exempt under Rule 16b-3(d) subject to the attainment of pre-established performance goals. One-half of the PRSUs reported have performance goals based on the Company's three year average return on assets and one-half of the PRSUs reported have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2014 and ending December 31, 2016. To the extent earned, the award shall be settled 100% in cash based on the closing price of Bank of America Corporation common stock on the settlement date. The reported number of PRSUs represents the "target" amount of the award; the actual award upon vesting may range between 0% and 125% of the target, depending upon satisfaction of the performance goals.
Award of restricted stock units on February 14, 2014 pursuant to the terms of a Restricted Stock Unit Award Agreement, which is exempt under rule 16b-3(d). These units vest in three equal annual installments commencing with the first anniversary of the February 14, 2014 grant date.
On February 15, 2013, the reporting person was granted restricted stock units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
montag.txt
Thomas K. Montag/Evelyn King POA
2014-02-19
EX-24
2
montag.txt
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and appoints
each of Evelyn King,
Michael Hoes, Knut Nodeland, Amanda Daniel and Michael Pressman as the
undersigned's true and
lawful attorneys-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's capacity
as a reporting person
pursuant to Section 16 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), and
the rules thereunder of Bank of America Corporation (the Company), Forms 3, 4
and 5 in accordance
with Section 16(a) of the Exchange Act;
(2) do and perform any and all acts for and on behalf of the undersigned which
may be necessary or
desirable to complete and execute any such Form 3, 4 or 5 and timely file such
form with the United States
Securities and Exchange Commission and the New York Stock Exchange or similar
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of
any of such attorneys-in-fact, may be of benefit to, in the best interest of, or
legally required by, the
undersigned, it being understood that the documents executed by any of such
attorneys-in-fact on
behalf of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain
such terms and conditions as any of such attorneys-in-fact may approve in the
discretion of any of
such attorneys-in-fact.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and
perform any and every act and thing whatsoever requisite, necessary, or proper
to be done in
the exercise of any of the rights and powers herein granted, as fully to all
intents and purposes
as the undersigned might or could do if personally present, with full power of
substitution or
revocation, hereby ratifying and confirming all that any of such
attorneys-in-fact, or the substitute
or substitutes of any of such attorneys in-fact, shall lawfully do or cause to
be done by virtue of
this Power of Attorney and the rights and powers herein granted. The undersigned
acknowledges
that the foregoing attorneys-in-fact, in serving in such capacity at the request
of the undersigned,
are not assuming, nor is the Company assuming, any of the undersigned's
responsibilities to
comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer
required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of
and transactions
in securities issued by the Company, unless earlier revoked by the undersigned
in a signed
writing delivered to the foregoing attorneys-in-fact. This Power of Attorney
also serves to revoke
as of the date hereof, any Power of Attorney previously filed for the purpose of
executing filings
pursuant to Section 16 of the Exchange Act on behalf of the undersigned.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 31st day of January, 2014.
Signature: __________/S/Thomas K. Montag
Name: Thomas K. Montag