James P. DeMare - Aug 15, 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Aug 15, 2022
Transactions value $
-$350,211
Form type
4
Date filed
8/17/2022, 04:24 PM
Previous filing
Feb 15, 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 +17.5K +13.14% 150K Aug 15, 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability -$350K -9.66K -6.42% $36.25 141K Aug 15, 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 2021 Restricted Stock Units Options Exercise -17.5K -33.33% 34.9K Aug 15, 2022 Common Stock 17.5K Direct F1, F3
* 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 12, 2021, the reporting person was granted units, vesting in three equal annual installments commencing on August 15, 2022.