0001225208-14-005176.txt : 20140219
0001225208-14-005176.hdr.sgml : 20140219
20140219183532
ACCESSION NUMBER: 0001225208-14-005176
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: Thompson Bruce R.
CENTRAL INDEX KEY: 0001481697
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06523
FILM NUMBER: 14627263
MAIL ADDRESS:
STREET 1: 100 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28255
4
1
doc4.xml
X0306
4
2014-02-14
0000070858
BANK OF AMERICA CORP /DE/
BAC
0001481697
Thompson Bruce R.
100 N. TRYON ST.
CHARLOTTE
NC
28255
1
Chief Financial Officer
Common Stock
2014-02-15
4
M
0
85079.0000
0.0000
A
666156.0000
D
Common Stock
2014-02-15
4
F
0
40626.0000
16.7000
D
625530.0000
D
Common Stock
68.0900
I
401(k) Plan
2014 Performance Restricted Stock Units
2014-02-14
4
A
0
201022.0000
0.0000
A
Common Stock
201022.0000
201022.0000
D
2014 Restricted Stock Units
2014-02-14
4
A
0
201022.0000
0.0000
A
2017-02-14
Common Stock
201022.0000
201022.0000
D
2013 Restricted Stock Units
0.0000
2014-02-15
4
M
0
85079.0000
0.0000
D
2016-02-15
Common Stock
85079.0000
170160.0000
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 which is exempt under Rule 16b-3(e).
The share equivalents attributed to the reporting person's 401(k) balances decreased .98 shares in 2012 due to changes in the Net Asset Value (NAV) of the issuer's stock fund.
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.
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.
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.
thompson.txt
Bruce R. Thompson/Evelyn King POA
2014-02-19
EX-24
2
thompson.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/Bruce R. Thompson
Name: Bruce R. Thompson