Price Joe L 4
4 · BANK OF AMERICA CORP /DE/ · Filed Aug 1, 2011
Insider Transaction Report
Form 4
Price Joe L
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2011-07-29$9.71/sh−9,387$91,148→ 100,449 total - Exercise/Conversion
Stock Units
2011-07-29−9,387→ 159,583 totalExercise: $0.00→ Common Stock (9,387 underlying) - Exercise/Conversion
Common Stock
2011-07-29+9,387→ 109,836 total
Holdings
- 5,177.55(indirect: By Trust)
Common Stock
- 17,756(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Each Stock Unit is the economic equivalent of one share of Bank of America common stock.
- [F2]The Stock Units were awarded on November 30, 2009 and December 31, 2009 pursuant to a Stock Unit Award Agreement which is exempt under Rule 16b-3(d). These units vested upon grant and are payable solely in cash as follows: in 36 monthly installments beginning January 2011, provided that payments would be accelerated by twelve months upon repayment of our TARP financing. As a result of our repayment of all TARP financing in December 2009, the payment schedule was accelerated to 36 monthly installments beginning January 2010.