Initial Statement of Beneficial Ownership (3)
August 03 2015 - 04:06PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Smith Andrea B
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2. Date of Event Requiring Statement (MM/DD/YYYY)
7/23/2015
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3. Issuer Name
and
Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [BAC]
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(Last)
(First)
(Middle)
100 NORTH TRYON STREET
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
_____ 10% Owner
___
X
___ Officer (give title below)
_____ Other (specify below)
Chief Administrative Officer /
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(Street)
CHARLOTTE, NC 28255
(City)
(State)
(Zip)
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5. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Common Stock
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228918.0000
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D
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Common Stock
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54.0000
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I
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UTMA TRUST 1
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4)
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2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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2011 Performance Restricted Stock Units
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(1)
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(1)
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Common Stock
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86420.0000
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(2)
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D
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2013 Performance Restricted Stock Units
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(3)
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(3)
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Common Stock
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110646.0000
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(2)
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D
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2013 Restricted Stock Units
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(4)
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2/15/2016
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Common Stock
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36882.0000
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(5)
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D
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2014 Performance Restricted Stock Units
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(6)
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(6)
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Common Stock
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92849.0000
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(2)
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D
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2014 Restricted Stock Units
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(7)
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2/14/2017
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Common Stock
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61900.0000
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(5)
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D
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2015 Performance Restricted Stock Units
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(8)
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(8)
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Common Stock
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90741.0000
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(2)
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D
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2015 Restricted Stock Units
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(9)
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2/13/2018
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Common Stock
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90741.0000
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(5)
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D
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Option, Right to Buy
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(10)
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2/15/2018
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Common Stock
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33600.0000
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$42.7000
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D
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Option, Right to Buy
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(10)
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2/15/2016
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Common Stock
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52500.0000
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$44.3600
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D
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Option, Right to Buy
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(10)
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2/15/2017
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Common Stock
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52500.0000
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$53.8500
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D
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Explanation of Responses:
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(
1)
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On February 15, 2011, the reporting person was granted units, vesting and payable in shares of Bank of America Corporation common stock subject to the Company's attainment of return on asset performance goals measured each quarter based on a twelve-month rolling period. The first performance period was the four calendar quarters ending December 31, 2011, and the last performance period is the four calendar quarters ending December 31, 2015.
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(
2)
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Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
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(
3)
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On February 15, 2013, 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 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, 2013 and ending December 31, 2015.
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(
4)
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On February 15, 2013, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
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(
5)
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Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
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(
6)
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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 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, 2014 and ending December 31, 2016. 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.
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(
7)
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On February 14, 2014, the reporting person was granted units, vesting in three equal annual installments commencing with the first anniversary of the grant date.
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(
8)
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On February 13, 2015, 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 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. 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.
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(
9)
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On February 13, 2015, the reporting person was granted units, vesting in three equal annual installments commencing on the first anniversary of the grant date.
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(
10)
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These options, which are exempt under Rule 16b-3(d), are fully exercisable.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Smith Andrea B
100 NORTH TRYON STREET
CHARLOTTE, NC 28255
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Chief Administrative Officer
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Signatures
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Andrea B. Smith / Amanda D. Daniel POA
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8/3/2015
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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