Bruce R. Thompson - Oct 20, 2021 Form 3 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Vice Chair, Head Ent Credit
Signature
Bruce R. Thompson / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Oct 20, 2021
Transactions value $
$0
Form type
3
Date filed
10/29/2021, 05:52 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAC Common Stock 613K Oct 20, 2021 Direct
holding BAC Preferred Stock, Series LL 40K Oct 20, 2021 Direct
holding BAC Preferred Stock, Series NN 60K Oct 20, 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 Oct 20, 2021 Common Stock 144K Direct F1, F2
holding BAC 2019 Restricted Stock Units Oct 20, 2021 Common Stock 28K Direct F2, F3
holding BAC Restricted Stock Units Oct 20, 2021 Common Stock 150K Direct F2, F4
holding BAC 2020 Restricted Stock Units Oct 20, 2021 Common Stock 181K Direct F2, F5
holding BAC Restricted Stock Units Oct 20, 2021 Common Stock 50K Direct F2, F6
holding BAC 2021 Restricted Stock Units Oct 20, 2021 Common Stock 101K Direct F2, F7
* 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 five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
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 three equal annual installments commencing on February 15, 2020.
F4 The reporting person was previously granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five annual installments of 10%, 14%, 12%, 12%, and 12%, respectively, commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F5 The reporting person was previously granted units, vesting in five equal annual installments commencing on February 15, 2021. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F6 The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2024.
F7 The reporting person was previously granted units, vesting in five equal annual installments commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney