Bruce R. Thompson - 15 Feb 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Vice Chair, Head Ent Credit
Signature
Bruce R. Thompson / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2022
Net transactions value
-$3,483,031
Form type
4
Filing time
17 Feb 2022, 20:24:17 UTC
Previous filing
29 Oct 2021
Next filing
15 Feb 2023
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 +27,981 +4.6% 641,093 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $607,363 -12,709 -2% $47.79 628,384 15 Feb 2022 Direct F2
transaction BAC Common Stock Options Exercise +35,897 +5.7% 664,281 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $779,168 -16,304 -2.5% $47.79 647,977 15 Feb 2022 Direct F2
transaction BAC Common Stock Options Exercise +60,000 +9.3% 707,977 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $1,302,373 -27,252 -3.8% $47.79 680,725 15 Feb 2022 Direct F2
transaction BAC Common Stock Options Exercise +36,163 +5.3% 716,888 15 Feb 2022 Direct F1
transaction BAC Common Stock Tax liability $794,126 -16,617 -2.3% $47.79 700,271 15 Feb 2022 Direct F2
holding BAC Preferred Stock, Series LL 40,000 15 Feb 2022 Direct
holding BAC Preferred Stock, Series NN 60,000 15 Feb 2022 Direct

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 -27,981 -100% 0 15 Feb 2022 Common Stock 27,981 Direct F1, F3
transaction BAC 2019 Restricted Stock Units Options Exercise -35,897 -25% 107,692 15 Feb 2022 Common Stock 35,897 Direct F1, F4
transaction BAC 2019 Restricted Stock Units Options Exercise -35,897 -33% 71,795 15 Feb 2022 Common Stock 35,897 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +35,897 35,897 15 Feb 2022 Common Stock 35,897 Direct F1, F4
transaction BAC Restricted Stock Units Options Exercise -60,000 -40% 90,000 15 Feb 2022 Common Stock 60,000 Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -15,000 -17% 75,000 15 Feb 2022 Common Stock 15,000 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +15,000 15,000 15 Feb 2022 Common Stock 15,000 Direct F1, F5
transaction BAC 2020 Restricted Stock Units Options Exercise -36,163 -20% 144,652 15 Feb 2022 Common Stock 36,163 Direct F1, F6
transaction BAC 2020 Restricted Stock Units Options Exercise -36,163 -25% 108,489 15 Feb 2022 Common Stock 36,163 Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +36,163 36,163 15 Feb 2022 Common Stock 36,163 Direct F1, F6
transaction BAC 2021 Restricted Stock Units Options Exercise -20,265 -20% 81,062 15 Feb 2022 Common Stock 20,265 Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise +20,265 20,265 15 Feb 2022 Common Stock 20,265 Direct F1, 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 On February 15, 2019, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2020.
F4 On February 15, 2019, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F5 On February 15, 2019, the reporting person was granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five annual installments of 10%, 14%, 12%, 12%, and 12%, respectively, commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F6 On February 14, 2020, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2021. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F7 On February 12, 2021, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.