0001225208-14-005175.txt : 20140219
0001225208-14-005175.hdr.sgml : 20140219
20140219183530
ACCESSION NUMBER: 0001225208-14-005175
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: LYNCH GARY G
CENTRAL INDEX KEY: 0001340571
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06523
FILM NUMBER: 14627262
MAIL ADDRESS:
STREET 1: C/O MORGAN STANLEY
STREET 2: 1585 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER NAME:
FORMER CONFORMED NAME: Lynch Gary G
DATE OF NAME CHANGE: 20051004
4
1
doc4.xml
X0306
4
2014-02-14
0000070858
BANK OF AMERICA CORP /DE/
BAC
0001340571
LYNCH GARY G
100 NORTH TRYON STREET
CHARLOTTE
NC
28255
1
Gbl Gen Cnsl Hd Cmpl & Reg Rel
Common Stock
2014-02-15
4
M
0
51551.0000
0.0000
A
257702.0000
D
Common Stock
2014-02-15
4
F
0
28776.0000
16.7000
D
228926.0000
D
2014 Performance Restricted Stock Units
2014-02-14
4
A
0
146936.0000
0.0000
A
Common Stock
146936.0000
146936.0000
D
2014 Restricted Stock Units
2014-02-14
4
A
0
146936.0000
0.0000
A
2017-02-14
Common Stock
146936.0000
146936.0000
D
2013 Restricted Stock Units
0.0000
2014-02-15
4
M
0
51551.0000
0.0000
D
2016-02-15
Common Stock
51551.0000
103102.0000
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).
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.
Each restricted stock unit represents a contingent right to receive one share of Bank of America common stock.
These restricted stock units, which are exempt under Rule 16b-3(d), vest in three equal annual installments commencing with the first anniversary of the February 14, 2014 grant date.
These restricted stock units, which are exempt under Rule 16b-3(d), vest in three equal annual installments commencing with the first anniversary of the February 15, 2013 grant date.
lynch.txt
Gary G. Lynch/Evelyn King POA
2014-02-19
EX-24
2
lynch.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/Gary G. Lynch
Name: Gary G. Lynch