Moynihan Brian T. - 10 Dec 2021 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
10 Dec 2021
Net transactions value
-$782,967
Form type
4
Filing time
17 Dec 2021, 15:05:07 UTC
Previous filing
17 Nov 2021
Next filing
19 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Gift $0 -100,000 -5.1% $0.000000 1,874,019 10 Dec 2021 Direct F1
transaction BAC Common Stock Gift $0 +100,000 $0.000000 100,000 10 Dec 2021 By Trust F1
transaction BAC Common Stock Options Exercise +17,819 +0.95% 1,891,838 15 Dec 2021 Direct F2
transaction BAC Common Stock Disposed to Issuer $782,967 -17,819 -0.94% $43.94 1,874,019 15 Dec 2021 Direct
holding BAC Common Stock 3,217 10 Dec 2021 401(k) Plan

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 2021 Cash Settled Restricted Stock Units Options Exercise -17,819 -33% 35,637 15 Dec 2021 Common Stock 17,819 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares previously reported as directly held by the reporting person which were transferred to a family trust.
F2 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F3 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.