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

Signature
James P. DeMare / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Aug 2022
Net transactions value
-$350,211
Form type
4
Filing time
17 Aug 2022, 16:24:14 UTC
Previous filing
15 Feb 2022
Next filing
27 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +17,470 +13% 150,468 15 Aug 2022 Revocable Trust F1
transaction BAC Common Stock Tax liability $350,211 -9,661 -6.4% $36.25 140,807 15 Aug 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 -17,470 -33% 34,940 15 Aug 2022 Common Stock 17,470 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.