Accession Number: | 0001127602-18-006653 |
Date: | 2018-02-15 |
Issuer: | BANK OF AMERICA CORP /DE/ (BAC) |
Original Submission Date: |
MONTAG THOMAS K.
100 NORTH TRYON STREET
CHARLOTTE, NC 28255
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2018-02-15 | 0 | $0.00 | 1,586,154 | direct | ||||
COMMON STOCK | 2018-02-15 | 0 | $0.00 | 494,114 | indirect | ||||
COMMON STOCK | 2018-02-15 | 0 | $0.00 | 470,724 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2018 PERFORMANCE RESTRICTED STOCK UNITS | 0.0 | 2018-02-15 | deemed execution date | A | 171,112 (a) | common stock 171,112 | $0.00 | 171,112 | direct | |||
2018 RESTRICTED STOCK UNITS | 0.0 | 2018-02-15 | deemed execution date | A | 171,112 (a) | 2021-02-15 | common stock 171,112 | $0.00 | 171,112 | direct |
ID | footnote |
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f1 | each unit represents a contingent right to receive one share of bank of america corporation common stock. |
f2 | 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, 2018 and ending december 31, 2020. to the extent earned, the award will be settled in shares on march 1, 2021. 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. |
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 vest in three equal annual installments commencing february 15, 2019. |