Brian T. Moynihan - Feb 15, 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chairman and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2022
Transactions value $
-$3,885,231
Form type
4
Date filed
2/17/2022, 07:44 PM
Previous filing
Jan 19, 2022
Next filing
Mar 3, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +58.2K +3.11% 1.93M Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$1.24M -26K -1.35% $47.79 1.91M Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +48.4K +2.54% 1.95M Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$1.03M -21.6K -1.11% $47.79 1.93M Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +35.6K +1.84% 1.97M Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$757K -15.8K -0.8% $47.79 1.95M Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +17.8K +0.91% 1.97M Feb 15, 2022 Direct F3
transaction BAC Common Stock Disposed to Issuer -$852K -17.8K -0.9% $47.79 1.95M Feb 15, 2022 Direct
holding BAC Common Stock 3.23K Feb 15, 2022 401(k) Plan
holding BAC Common Stock 100K Feb 15, 2022 By Trust

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 2019 Restricted Stock Units Options Exercise -58.2K -100% 0 Feb 15, 2022 Common Stock 58.2K Direct F1, F4
transaction BAC 2020 Restricted Stock Units Options Exercise -48.4K -50% 48.4K Feb 15, 2022 Common Stock 48.4K Direct F1, F5
transaction BAC 2021 Restricted Stock Units Options Exercise -35.6K -25% 107K Feb 15, 2022 Common Stock 35.6K Direct F1, F6
transaction BAC 2021 Cash Settled Restricted Stock Units Options Exercise -17.8K -100% 0 Feb 15, 2022 Common Stock 17.8K Direct F3, F7
* 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 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F4 On February 15, 2019, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2020.
F5 On February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F6 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F7 On February 12, 2021, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2021 and ending in February 2022.