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