20th Feb 2017 07:00
Bank of America Corporation - Director/PDMR ShareholdingBank of America Corporation - Director/PDMR Shareholding
PR Newswire
London, February 17
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||
| (a) | Name | Catherine Bessant | |||
| 2. | Reason for the notification | ||||
| (a) | Position/status | Chief Operations and Technology Officer | |||
| (b) | Initial notification/ Amendment | Initial Notification | |||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| (a) | Name | Bank of America Corporation | |||
| (b) | LEI | 9DJT3UXIJIZJI4WXO774 | |||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| (a) | Description of the financial instrument, type of instrument | 2016 Restricted Stock Units (RSUs) (derivative security linked to the issuer’s common stock) | |||
| Identification code | N/A (No ISIN Code) | ||||
| (b) | Nature of the transaction | Vesting of 2016 RSUs (share settled) | |||
| (c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| USD 0.00 | 44,841 | ||||
| (d) | Aggregated information- Aggregated volume- Price | N/A | |||
| (e) | Date of the transaction | 2017-02-15 | |||
| (f) | Place of the transaction | Outside a trading venue | |||
| 5. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| (a) | Description of the financial instrument, type of instrument | Shares of common stock | |||
| Identification code | US0605051046 | ||||
| (b) | Nature of the transaction | Acquisition of shares of common stock upon vesting of 2016 RSUs (share settled) | |||
| (c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| USD 24.58 | 23,373 | ||||
| (d) | Aggregated information- Aggregated volume- Price | N/A | |||
| (e) | Date of the transaction | 2017-02-15 | |||
| (f) | Place of the transaction | Outside a trading venue | |||
| 6. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| (a) | Description of the financial instrument, type of instrument | Shares of common stock | |||
| Identification code | US0605051046 | ||||
| (b) | Nature of the transaction | Shares returned to issuer for taxes upon vesting of 2016 RSUs (share settled) | |||
| (c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| USD 24.58 | 21,468 | ||||
| (d) | Aggregated information- Aggregated volume- Price | N/A | |||
| (e) | Date of the transaction | 2017-02-15 | |||
| (f) | Place of the transaction | Outside a trading venue | |||
| 7. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| (a) | Description of the financial instrument, type of instrument | 2017 Restricted Stock Units (RSUs) (derivative security linked to the issuer’s common stock) | |||
| Identification code | N/A (No ISIN Code) | ||||
| (b) | Nature of the transaction | Grant of 2017 RSUs (share settled pro rata RSU) | |||
| (c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| USD 24.58 | 82,439 | ||||
| (d) | Aggregated information- Aggregated volume- Price | N/A | |||
| (e) | Date of the transaction | 2017-02-15 | |||
| (f) | Place of the transaction | Outside a trading venue | |||
| 8. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| (a) | Description of the financial instrument, type of instrument | 2017 Performance Restricted Stock Units (PRSUs) (derivative security linked to the issuer’s common stock) | |||
| Identification code | N/A (No ISIN Code) | ||||
| (b) | Nature of the transaction | Grant of 2017 PRSUs (share settled PRSU) | |||
| (c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| USD 24.58 | 82,439 | ||||
| (d) | Aggregated information- Aggregated volume- Price | N/A | |||
| (e) | Date of the transaction | 2017-02-15 | |||
| (f) | Place of the transaction | Outside a trading venue | |||
Related Shares:
BAC.L