Denise L. Ramos - 26 Apr 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Director
Signature
Denise L. Ramos / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
26 Apr 2022
Net transactions value
$0
Form type
4
Filing time
28 Apr 2022, 16:45:32 UTC
Previous filing
27 Apr 2022
Next filing
19 Jan 2023

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 Phantom Stock Award $0 +9,602 +27% $0.000000 44,926 26 Apr 2022 Common Stock 9,602 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 Phantom stock units acquired represent payment of annual compensation for services as a director under the Bank of America Corporation Director Deferral Plan in transactions exempt under Rule 16b-3. Phantom stock units may be settled in cash upon death or termination of service as a director.
F3 Includes 657.41 phantom stock units acquired in dividend reinvestment transactions under the Bank of America Corporation Director Deferral Plan.