Bruce R. Thompson - Feb 15, 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
Stock symbol
BAC
Transactions as of
Feb 15, 2022
Transactions value $
-$3,483,031
Form type
4
Date filed
2/17/2022, 08:24 PM
Previous filing
Oct 29, 2021
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +28K +4.56% 641K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$607K -12.7K -1.98% $47.79 628K Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +35.9K +5.71% 664K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$779K -16.3K -2.45% $47.79 648K Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +60K +9.26% 708K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$1.3M -27.3K -3.85% $47.79 681K Feb 15, 2022 Direct F2
transaction BAC Common Stock Options Exercise +36.2K +5.31% 717K Feb 15, 2022 Direct F1
transaction BAC Common Stock Tax liability -$794K -16.6K -2.32% $47.79 700K Feb 15, 2022 Direct F2
holding BAC Preferred Stock, Series LL 40K Feb 15, 2022 Direct
holding BAC Preferred Stock, Series NN 60K Feb 15, 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 -28K -100% 0 Feb 15, 2022 Common Stock 28K Direct F1, F3
transaction BAC 2019 Restricted Stock Units Options Exercise -35.9K -25% 108K Feb 15, 2022 Common Stock 35.9K Direct F1, F4
transaction BAC 2019 Restricted Stock Units Options Exercise -35.9K -33.33% 71.8K Feb 15, 2022 Common Stock 35.9K Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +35.9K 35.9K Feb 15, 2022 Common Stock 35.9K Direct F1, F4
transaction BAC Restricted Stock Units Options Exercise -60K -40% 90K Feb 15, 2022 Common Stock 60K Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -15K -16.67% 75K Feb 15, 2022 Common Stock 15K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +15K 15K Feb 15, 2022 Common Stock 15K Direct F1, F5
transaction BAC 2020 Restricted Stock Units Options Exercise -36.2K -20% 145K Feb 15, 2022 Common Stock 36.2K Direct F1, F6
transaction BAC 2020 Restricted Stock Units Options Exercise -36.2K -25% 108K Feb 15, 2022 Common Stock 36.2K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +36.2K 36.2K Feb 15, 2022 Common Stock 36.2K Direct F1, F6
transaction BAC 2021 Restricted Stock Units Options Exercise -20.3K -20% 81.1K Feb 15, 2022 Common Stock 20.3K Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise +20.3K 20.3K Feb 15, 2022 Common Stock 20.3K 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.