4//SEC Filing
BANK OF AMERICA CORP /DE/ 4
Accession 0001127602-17-010139
$BACCIK 0000070858operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:17 PM ET
Size
15.9 KB
Accession
0001127602-17-010139
Insider Transaction Report
Form 4
LAUGHLIN TERRENCE P
Legacy Asset Servicing Executi
Transactions
- Tax Payment
Common Stock
2017-03-01$25.50/sh−16,289$415,370→ 727,416.48 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2017-03-01+31,585→ 743,705.48 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2017-03-01+96,977→ 824,393.48 total(indirect: By Trust) - Exercise/Conversion
2014 Performance Restricted Stock Units
2017-03-01−96,977→ 0 total→ Common Stock (96,977 underlying) - Disposition to Issuer
Common Stock
2017-03-01$25.50/sh−96,977$2,472,914→ 727,416.48 total(indirect: By Trust) - Exercise/Conversion
2012 Performance Restricted Stock Units
2017-03-01−31,585→ 0 total→ Common Stock (31,585 underlying)
Holdings
- 36(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
- [F2]Disposition of shares to the issuer to satisfy a tax withholding obligation.
- [F3]Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- [F4]On February 15, 2012, the reporting person was granted units that vest subject to the Company's attainment of return on asset performance goals measured each quarter based on a 12-month rolling period. Represents vesting and settlement on March 1, 2017 of units based on the attainment of goals for the four quarters ending December 31, 2016.
- [F5]The units have reached the end of the performance period. No units remain outstanding.
- [F6]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 have performance goals based on the Company's three-year average return on assets and one-half of the units 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 on December 31, 2016.
Documents
Issuer
BANK OF AMERICA CORP /DE/
CIK 0000070858
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000070858
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:17 PM ET
- Size
- 15.9 KB