Moynihan Brian T. - 15 Feb 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role: Chairman and CEO, Director
Signature: Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol: BAC
Transactions as of: 15 Feb 2022
Net transactions value: -$3,885,231
Form type: 4
Filing time: 17 Feb 2022, 19:44:05 UTC
Previous filing: 19 Jan 2022
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BAC	Common Stock	Options Exercise		+58,235	+3.1%		1,932,254	15 Feb 2022	Direct	F1
transaction	BAC	Common Stock	Tax liability	$1,243,783	-26,026	-1.3%	$47.79	1,906,228	15 Feb 2022	Direct	F2
transaction	BAC	Common Stock	Options Exercise		+48,351	+2.5%		1,954,579	15 Feb 2022	Direct	F1
transaction	BAC	Common Stock	Tax liability	$1,032,981	-21,615	-1.1%	$47.79	1,932,964	15 Feb 2022	Direct	F2
transaction	BAC	Common Stock	Options Exercise		+35,637	+1.8%		1,968,601	15 Feb 2022	Direct	F1
transaction	BAC	Common Stock	Tax liability	$756,898	-15,838	-0.8%	$47.79	1,952,763	15 Feb 2022	Direct	F2
transaction	BAC	Common Stock	Options Exercise		+17,819	+0.91%		1,970,582	15 Feb 2022	Direct	F3
transaction	BAC	Common Stock	Disposed to Issuer	$851,570	-17,819	-0.9%	$47.79	1,952,763	15 Feb 2022	Direct
holding	BAC	Common Stock						3,229	15 Feb 2022	401(k) Plan
holding	BAC	Common Stock						100,000	15 Feb 2022	By Trust

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		-58,235	-100%		0	15 Feb 2022	Common Stock	58,235		Direct	F1, F4
transaction	BAC	2020 Restricted Stock Units	Options Exercise		-48,351	-50%		48,352	15 Feb 2022	Common Stock	48,351		Direct	F1, F5
transaction	BAC	2021 Restricted Stock Units	Options Exercise		-35,637	-25%		106,911	15 Feb 2022	Common Stock	35,637		Direct	F1, F6
transaction	BAC	2021 Cash Settled Restricted Stock Units	Options Exercise		-17,819	-100%		0	15 Feb 2022	Common Stock	17,819		Direct	F3, F7

* 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	Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F4	On February 15, 2019, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2020.
F5	On February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F6	On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F7	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.