James P. DeMare - 15 Feb 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2022
Net transactions value
-$5,873,343
Form type
4
Filing time
17 Feb 2022, 20:02:00 UTC
Previous filing
27 Jan 2022
Next filing
17 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +93,758 +279% 127,417 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $2,477,864 -51,849 -41% $47.79 75,568 15 Feb 2022 Revocable Trust F2
transaction BAC Common Stock Options Exercise +75,815 +100% 151,383 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $2,003,644 -41,926 -28% $47.79 109,457 15 Feb 2022 Revocable Trust F2
transaction BAC Common Stock Options Exercise +35,195 +32% 144,652 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $930,137 -19,463 -13% $47.79 125,189 15 Feb 2022 Revocable Trust F2
transaction BAC Common Stock Options Exercise +17,470 +14% 142,659 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $461,699 -9,661 -6.8% $47.79 132,998 15 Feb 2022 Revocable Trust 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 2019 Restricted Stock Units Options Exercise -93,758 -100% 0 15 Feb 2022 Common Stock 93,758 Direct F1, F3
transaction BAC 2020 Restricted Stock Units Options Exercise -75,815 -50% 75,815 15 Feb 2022 Common Stock 75,815 Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -35,195 -25% 105,586 15 Feb 2022 Common Stock 35,195 Direct F1, F5
transaction BAC 2021 Restricted Stock Units Options Exercise -17,470 -25% 52,410 15 Feb 2022 Common Stock 17,470 Direct F1, F6
* 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 February 15, 2019, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2020.
F4 On February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F5 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F6 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.