1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
2016 Restricted Stock Units
|
Â
(1)
|
02/15/2019 |
Common Stock
|
19,048
|
$
(2)
|
D
|
Â
|
2016 Performance Restricted Stock Units
|
Â
(3)
|
Â
(3)
|
Common Stock
|
57,143
|
$
(2)
|
D
|
Â
|
2017 Restricted Stock Units
|
Â
(4)
|
02/15/2020 |
Common Stock
|
27,051
|
$
(2)
|
D
|
Â
|
2017 Performance Restricted Stock Units
|
Â
(5)
|
Â
(5)
|
Common Stock
|
40,576
|
$
(2)
|
D
|
Â
|
2018 Restricted Stock Units
|
Â
(6)
|
02/15/2021 |
Common Stock
|
33,741
|
$
(2)
|
D
|
Â
|
2018 Performance Restricted Stock Units
|
Â
(7)
|
Â
(7)
|
Common Stock
|
33,741
|
$
(2)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The reporting person was previously granted units, vesting in three equal annual installments commencing on February 15, 2017. |
(2) |
Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. |
(3) |
The reporting person was previously granted units, 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, 2016 and ending December 31, 2018. To the extent earned, the award will be settled in shares on March 1, 2019, except that any portion earned above 100% will be settled in shares on March 1, 2021. The reported number of units represents the "target" amount of the award (i.e., 100%); the actual award upon vesting may range between 0% and 125% of the target, depending upon satisfaction of the performance goals. |
(4) |
The reporting person was previously granted units, vesting in three equal annual installments commencing on February 15, 2018. |
(5) |
The reporting person was previously granted units, 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, 2017 and ending December 31, 2019. To the extent earned, the award will be settled in shares on March 1, 2020. 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. |
(6) |
The reporting person was previously granted units, vesting in three equal annual installments commencing on February 15, 2019. |
(7) |
The reporting person was previously granted units, 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. |