Home/Filings/4/0001127602-21-005550
4//SEC Filing

Bessant Catherine P 4

Accession 0001127602-21-005550

CIK 0000070858other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 7:57 PM ET

Size

12.1 KB

Accession

0001127602-21-005550

Insider Transaction Report

Form 4
Period: 2021-02-12
Bessant Catherine P
Chief Ops & Tech Officer
Transactions
  • Award

    2021 Performance Restricted Stock Units

    2021-02-12+70,19070,190 total
    Common Stock (70,190 underlying)
  • Award

    2021 Restricted Stock Units

    2021-02-12+70,19070,190 total
    Exp: 2025-02-15Common Stock (70,190 underlying)
Holdings
  • Common Stock

    453,788.52
  • Common Stock

    (indirect: By 401(k))
    8,711.72
  • Common Stock

    (indirect: By Trust)
    328,892
  • Common Stock

    (indirect: By Children)
    1,250
  • Common Stock

    (indirect: By Trust)
    1,250
Footnotes (4)
  • [F1]The share equivalents attributed to the reporting person's 401(k) balance increased 295.68 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund.
  • [F2]Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
  • [F3]Award under the Bank of America Corporation Key Employee Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are subject to the attainment of pre-established 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, 2021 and ending December 31, 2023. To the extent earned, the award will be settled in shares on March 1, 2024. The reported number of units represents the "maximum" amount of the award (i.e., 100%); the actual award upon vesting may range between 0% and 100% of the maximum, depending upon satisfaction of the performance goals.
  • [F4]Award under the Bank of America Corporation Key Employee Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units vest in four equal annual installments commencing February 15, 2022.

Issuer

BANK OF AMERICA CORP /DE/

CIK 0000070858

Entity typeother

Related Parties

1
  • filerCIK 0001649626

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 7:57 PM ET
Size
12.1 KB