18th Feb 2011 14:59
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director /person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) Bank of America Corporation This filing refers to iii
3. Name of person discharging 4. State whether notification relates
managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person Joe L. Price No
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 or financial instruments relating above or in respect of a to shares non-beneficial interest This notification relates to a Common stock and derivative holding of the person in 3 above securities
7. Name of registered shareholders 8 State the nature of the transaction
(s) and, if more than one, the number of shares held by each of them Joe L. Price 434,845.55 shares Restricted stock unit vesting, and spouse, 17,756 shares (Total stock returned for taxes, stock shares do not include 2011 stock unit 2011 grant, performance unit grant which pays out in cash restricted stock grant (PRSUs) and only) 401(k) additions
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating (treasury shares of that class to shares acquired should not be taken into account when calculating percentage) 38,570 shares , 61,729 stock 0.0% units 2011 and 329,219 PRSUs
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating (treasury shares of that class to shares disposed should not be taken into account when calculating percentage) 38,570 restricted stock units 0.0% and 12,516 shares returned for taxes
13. Price per share or value of 14. Date and place of transaction
transaction $14.77 per stock unit 2011, February 15, 2011, Charlotte, NC PRSUs and on shares returned for taxes, and various on 401(k) additions
15. Total holding following 16. Date issuer informed of transaction
notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 452,601.55 shares (Total shares February 17, 2011 do not include 2011 stock unit grant which pays out in cash only)
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant 18. Period during which or date on which it can be exercised 19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) 21. Exercise price (if fixed at time 22. Total number of shares or of grant) or indication that debentures over which options held price is to be fixed at the time following notification of exercise 23. Any additional information 24. Name of contact and telephone number for queries
Name and signature of duly authorised officer of issuer responsible for making notification
_________________Roger C. McClary, Vice President________________
Date of notification __February 17, 2011_____________________________
vendorRelated Shares:
BAC.L