Matthew M. Koder - 25 Jan 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Matthew M. Koder / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
25 Jan 2022
Transactions value $
-$448,758
Form type
4
Filing time
27 Jan 2022, 17:38:09 UTC
Previous filing
29 Oct 2021
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +75,000 75,000 25 Jan 2022 Direct F1
transaction BAC Common Stock Tax liability -$448,757 -9,878 -13% $45.43 65,122 25 Jan 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BAC Restricted Stock Units Options Exercise -75,000 -50% 75,000 25 Jan 2022 Common Stock 75,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
F2 Disposition of shares to the issuer to satisfy a tax withholding obligation.
F3 On January 25, 2019, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2022.