Matthew M. Koder - Jan 25, 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Pres, Gl Corp & Invest Banking
Signature
Matthew M. Koder / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2022
Transactions value $
-$448,758
Form type
4
Date filed
1/27/2022, 05:38 PM
Previous filing
Oct 29, 2021
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +75K 75K Jan 25, 2022 Direct F1
transaction BAC Common Stock Tax liability -$449K -9.88K -13.17% $45.43 65.1K Jan 25, 2022 Direct 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 Restricted Stock Units Options Exercise -75K -50% 75K Jan 25, 2022 Common Stock 75K Direct F1, F3
* 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 January 25, 2019, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2022.