18th Feb 2011 14:59
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by anissuer 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 transaction relates 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 Brian T. Moynihan No 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 derivatives holding of the person referred to in 3 above.
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 Brian T. Moynihan Restricted stock unit vesting, shares returned for taxes, performance restricted stock unit grant (PRSUs) and 401(k) additions
9. Number of shares, debentures or 10. Percentage of issued class
financial instruments relating to acquired (treasury shares of shares acquired that class should not be taken into account when calculating percentage) 47,597 shares and 26.41 401(k) 0.0 shares and 620,714 PRSUs
11. Number of shares, debentures or 12. Percentage of issued class
financial instruments relating to disposed (treasury shares of shares disposed that class should not be taken into account when calculating percentage) 47,597 RSU's and 15,446 shares 0.0 returned for taxes
13. Price per share or value of 14. Date and place of transaction
transaction $14.77 on shares returned for taxes, February 15, 2011, on stock units and PRSUs and various Charlotte, NC on 401(k)
15. Total holding following notification 16. Date issuer informed of
and total percentage holding transaction following notification (any treasury shares should not be taken into account when calculating percentage) 1,106,618 shares 0.0% (Total February 17, 2011 does 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 grant 20. Description of shares or
of the option debentures involved (class and number)
21. Exercise price (if fixed at time of 22. Total number of shares or
grant) or indication that price is debentures over which options to be fixed at the time of exercise held following notification 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_____________________
Date of notification ____ February 17, 2011_________________________
vendorRelated Shares:
BAC.L