0001225208-14-005177.txt : 20140219
0001225208-14-005177.hdr.sgml : 20140219
20140219183533
ACCESSION NUMBER: 0001225208-14-005177
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: Darnell David C.
CENTRAL INDEX KEY: 0001469995
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06523
FILM NUMBER: 14627264
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
0001469995
Darnell David C.
100 NORTH TRYON STREET
CHARLOTTE
NC
28255
1
Co-chief Operating Officer
Common Stock
2014-02-15
4
M
0
72506.0000
0.0000
A
192646.0000
D
Common Stock
2014-02-15
4
F
0
34622.0000
16.7000
D
158024.0000
D
Common Stock
38887.0000
I
By Spouse Revocable Trust
2014 Performance Restricted Stock Units
2014-02-14
4
A
0
162260.0000
0.0000
A
Common Stock
162260.0000
162260.0000
D
2014 Restricted Stock Units
2014-02-14
4
A
0
162260.0000
0.0000
A
2017-02-14
Common Stock
162260.0000
162260.0000
D
2013 Restricted Stock Units
0.0000
2014-02-15
4
M
0
72506.0000
0.0000
D
2016-02-15
Common Stock
72506.0000
145013.0000
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.
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.
darnell.txt
David C. Darnell/Evelyn King POA
2014-02-19
EX-24
2
darnell.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/David C. Darnell
Name: David C. Darnell