0001225208-15-016287.txt : 20150803
0001225208-15-016287.hdr.sgml : 20150801
20150803160316
ACCESSION NUMBER: 0001225208-15-016287
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150723
FILED AS OF DATE: 20150803
DATE AS OF CHANGE: 20150803
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: Bessant Catherine P
CENTRAL INDEX KEY: 0001649626
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06523
FILM NUMBER: 151022414
MAIL ADDRESS:
STREET 1: 100 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28255
3
1
doc3.xml
X0206
3
2015-07-23
0
0000070858
BANK OF AMERICA CORP /DE/
BAC
0001649626
Bessant Catherine P
100 NORTH TRYON STREET
CHARLOTTE
NC
28255
1
Chief Ops & Tech Officer
Common Stock
419103.5200
D
Common Stock
7896.7700
I
401(k) Plan
Common Stock
1250.0000
I
UTMA TRUST 1
Common Stock
1250.0000
I
UTMA TRUST 2
2011 Performance Restricted Stock Units
Common Stock
103704.0000
D
2013 Performance Restricted Stock Units
Common Stock
110646.0000
D
2013 Restricted Stock Units
2016-02-15
Common Stock
36882.0000
D
2014 Performance Restricted Stock Units
Common Stock
92849.0000
D
2014 Restricted Stock Units
2017-02-14
Common Stock
61900.0000
D
2015 Performance Restricted Stock Units
Common Stock
92593.0000
D
2015 Restricted Stock Units
2018-02-13
Common Stock
92593.0000
D
Option, Right to Buy
42.7000
2018-02-15
Common Stock
52500.0000
D
Option, Right to Buy
44.3600
2016-02-15
Common Stock
105000.0000
D
Option, Right to Buy
53.8500
2017-02-15
Common Stock
70000.0000
D
On February 15, 2011, the reporting person was granted units, vesting and payable in shares of Bank of America Corporation common stock subject to the Company's attainment of return on asset performance goals measured each quarter based on a twelve-month rolling period. The first performance period was the four calendar quarters ending December 31, 2011, and the last performance period is the four calendar quarters ending December 31, 2015.
Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
On February 15, 2013, the reporting person was granted units, vesting and payable in cash based on the closing price of Bank of America Corporation common stock on the settlement date, subject to the Company's attainment of performance goals. One-half of the units reported have performance goals based on the Company's three year average return on assets and one-half of the units reported have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2013 and ending December 31, 2015.
On February 15, 2013, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
On February 14, 2014, the reporting person was granted units, vesting and payable in cash based on the closing price of Bank of America Corporation common stock on the settlement date, subject to the Company's attainment of performance goals. One-half of the units reported have performance goals based on the Company's three year average return on assets and one-half of the units 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. The reported number of units 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.
On February 14, 2014, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date
On February 13, 2015, the reporting person was granted units, vesting and payable in cash based on the closing price of Bank of America Corporation common stock on the settlement date, subject to the Company's attainment of performance goals. One-half of the units reported have performance goals based on the Company's three year average return on assets and one-half of the units reported have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2015 and ending December 31, 2017. The reported number of units 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.
On February 13, 2015, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
These options, which are exempt under Rule 16b-3(d), are fully exercisable.
Catherine P. Bessant / Amanda Daniel POA
2015-08-03