Alastair M. Borthwick - 20 Oct 2021 Form 3 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Pres, Global Com Banking
Signature
Alastair M. Borthwick / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
20 Oct 2021
Net transactions value
$0
Form type
3
Filing time
29 Oct 2021, 17:37:47 UTC
Next filing
27 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAC Common Stock 114,822 20 Oct 2021 Direct

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
holding BAC 2019 Restricted Stock Units 20 Oct 2021 Common Stock 73,376 Direct F1, F2
holding BAC Restricted Stock Units 20 Oct 2021 Common Stock 150,000 Direct F2, F3
holding BAC Phantom Stock Units 20 Oct 2021 Common Stock 100,000 Direct F4, F5
holding BAC 2020 Restricted Stock Units 20 Oct 2021 Common Stock 121,846 Direct F2, F6
holding BAC Restricted Stock Units 20 Oct 2021 Common Stock 50,000 Direct F2, F7
holding BAC 2021 Restricted Stock Units 20 Oct 2021 Common Stock 157,267 Direct F2, F8
holding BAC DCP Phantom Stock Units 20 Oct 2021 Common Stock 6,115 Direct F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was previously granted units, vesting in three equal annual installments commencing on February 15, 2020.
F2 Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
F3 The reporting person was previously granted units, vesting in two equal annual installments commencing on January 25, 2022.
F4 The reporting person was previously granted phantom units, vesting in two equal annual installments commencing on July 24, 2023.
F5 Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
F6 The reporting person was previously granted units, vesting in three equal annual installments commencing on February 15, 2021.
F7 The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2024.
F8 The reporting person was previously granted units, vesting in four equal annual installments commencing on February 15, 2022.
F9 Units are payable in cash following termination of the reporting person's employment with the issuer.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney