Lauren A. Mogensen - Feb 15, 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Lauren A. Mogensen / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2022
Transactions value $
-$1,278,765
Form type
4
Date filed
2/17/2022, 08:14 PM
Previous filing
Jan 27, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +24.5K +8.12% 326K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$518K -10.8K -3.33% $47.79 315K Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +22.1K +7.02% 337K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$469K -9.81K -2.91% $47.79 327K Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +13.8K +4.2% 341K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$291K -6.1K -1.79% $47.79 335K Feb 15, 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 -24.5K -100% 0 Feb 15, 2022 Common Stock 24.5K Direct F1, F3
transaction BAC 2020 Restricted Stock Units Options Exercise -22.1K -50% 22.1K Feb 15, 2022 Common Stock 22.1K Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -13.8K -25% 41.3K Feb 15, 2022 Common Stock 13.8K 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.