Aditya Bhasin - 15 Feb 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Aditya Bhasin / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2022
Net transactions value
-$1,508,826
Form type
4
Filing time
17 Feb 2022, 19:47:36 UTC
Previous filing
27 Jan 2022
Next filing
27 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +27,953 +101% 55,675 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $595,607 -12,463 -22% $47.79 43,212 15 Feb 2022 Direct F2
transaction BAC Common Stock Options Exercise +25,215 +58% 68,427 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $535,535 -11,206 -16% $47.79 57,221 15 Feb 2022 Direct F2
transaction BAC Common Stock Options Exercise +17,783 +31% 75,004 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $377,684 -7,903 -11% $47.79 67,101 15 Feb 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 2019 Restricted Stock Units Options Exercise -27,953 -100% 0 15 Feb 2022 Common Stock 27,953 Direct F1, F3
transaction BAC 2020 Restricted Stock Units Options Exercise -25,215 -50% 25,216 15 Feb 2022 Common Stock 25,215 Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -17,783 -25% 53,352 15 Feb 2022 Common Stock 17,783 Direct F1, F5
* 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 February 15, 2019, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2020.
F4 On February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F5 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.