4//SEC Filing
BANK OF AMERICA CORP /DE/ 4
Accession 0001225208-15-004287
$BACCIK 0000070858operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:12 PM ET
Size
9.4 KB
Accession
0001225208-15-004287
Insider Transaction Report
Form 4
LYNCH GARY G
Gbl Chief Legl Compl & Reg Rel
Transactions
- Award
2015 Performance Restricted Stock Units
2015-02-13+135,186→ 135,186 total→ Common Stock (135,186 underlying) - Award
2015 Restricted Stock Units
2015-02-13+135,186→ 135,186 totalExp: 2018-02-13→ Common Stock (135,186 underlying)
Holdings
- 228,926
Common Stock
Footnotes (4)
- [F1]Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- [F2]Award under the Bank of America Corporation 2003 Key Associate Stock 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 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. To the extent earned, the award will be settled 100% in cash based on the closing price of Bank of America Corporation common stock on the settlement date. 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.
- [F3]Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
- [F4]Award under the Bank of America Corporation 2003 Key Associate Stock Plan in a transaction that is exempt under Rule 16b-3(d). These units vest in three equal annual installments commencing on the first anniversary of the February 13, 2015 grant date.
Documents
Issuer
BANK OF AMERICA CORP /DE/
CIK 0000070858
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000070858
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:12 PM ET
- Size
- 9.4 KB