Darrin Steve Boland - 15 Feb 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Administrative Officer
Signature
Darrin Steve Boland / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2022
Net transactions value
-$784,760
Form type
4
Filing time
17 Feb 2022, 19:53:17 UTC
Previous filing
27 Jan 2022
Next filing
13 May 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 +16,073 +58% 43,732 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $343,371 -7,185 -16% $47.79 36,547 15 Feb 2022 Revocable Trust F2
transaction BAC Common Stock Options Exercise +13,176 +36% 49,723 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $279,858 -5,856 -12% $47.79 43,867 15 Feb 2022 Revocable Trust F2
transaction BAC Common Stock Options Exercise +7,604 +17% 51,471 15 Feb 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $161,530 -3,380 -6.6% $47.79 48,091 15 Feb 2022 Revocable Trust 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 -16,073 -100% 0 15 Feb 2022 Common Stock 16,073 Direct F1, F3
transaction BAC 2020 Restricted Stock Units Options Exercise -13,176 -50% 13,176 15 Feb 2022 Common Stock 13,176 Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -7,604 -25% 22,812 15 Feb 2022 Common Stock 7,604 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.