Bank Of America Corp /De/ - Nov 29, 2018 Form 4 Insider Report for Nuveen Municipal Credit Income Fund (NZF)

Role
10%+ Owner
Signature
BANK OF AMERICA CORP /DE/ By: Its: Authorized Signatory Andres Ortiz
Stock symbol
NZF
Transactions as of
Nov 29, 2018
Transactions value $
$52,899
Form type
4
Date filed
12/13/2024, 04:23 PM
Previous filing
Dec 13, 2024
Next filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NZF Common Stock Purchase $1.37K +100 +10000% $13.67 101 Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +99.01% $13.67 201 Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $6.42K +470 +233.83% $13.67 671 Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +14.9% $13.67 771 Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $2.73K +200 +25.94% $13.67 971 Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +10.3% $13.67 1.07K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +9.34% $13.67 1.17K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +8.54% $13.68 1.27K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +7.87% $13.67 1.37K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +7.29% $13.68 1.47K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +6.8% $13.67 1.57K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +6.37% $13.67 1.67K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +5.98% $13.67 1.77K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +5.65% $13.67 1.87K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +5.34% $13.67 1.97K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +5.07% $13.67 2.07K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +4.83% $13.67 2.17K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +4.61% $13.67 2.27K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +4.4% $13.66 2.37K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +4.22% $13.67 2.47K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +4.05% $13.67 2.57K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.89% $13.67 2.67K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.74% $13.67 2.77K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.61% $13.68 2.87K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.48% $13.67 2.97K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.37% $13.67 3.07K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +3.26% $13.67 3.17K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $6.83K +500 +15.77% $13.66 3.67K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +2.72% $13.67 3.77K Nov 29, 2018 See Footnotes F1, F2, F3
transaction NZF Common Stock Purchase $1.37K +100 +2.65% $13.68 3.87K Nov 29, 2018 See Footnotes F1, F2, F3

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 NZF Equity Swap Sale -1.34K -100% 0 Oct 5, 2022 Common Stock 1.34K See Footnotes F1, F2, F3, F4
transaction NZF Equity Swap Purchase +1.34K 0 Oct 7, 2022 Common Stock 1.34K See Footnotes F1, F2, F3, F5
transaction NZF Equity Swap Sale -728 -100% 0 Oct 7, 2022 Common Stock 728 See Footnotes F1, F2, F3, F5
transaction NZF Equity Swap Purchase +728 0 Oct 10, 2022 Common Stock 728 See Footnotes F1, F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This statement is jointly filed by Bank of America Corporation, Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch"), BofA Securities, Inc. ("BofA Securities"), and Bank of America, N.A. ("BANA") (together, the "Reporting Persons"). Bank of America Corporation holds an indirect interest in the securities listed in this Report by virtue of its 100% ownership of its subsidiaries Merrill Lynch, BofA Securities, and BANA. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the "Exchange Act"), or for any other purpose.
F2 Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the Exchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
F3 Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profit recovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greater than 10% beneficial owners and the transactions were subject to Section 16(b) has been or will be remitted to the Issuer.
F4 The Reporting Persons entered an equity swap agreement under which, upon the termination of the agreement on November 30, 2023, the counterparty will pay to the Reporting Persons any decrease in the price of the Common Stock below $11.4993 per share and the Reporting Persons will pay to the counterparty any increase in the price of the Common Stock above $11.4993 per share, in each case, based on a notional amount of 1,341 shares of Common Stock.
F5 On October 7, 2022, the Reporting Persons amended the equity swap agreement to reduce the notional number of shares of Common Stock to 728 and to change the reference price used to determine when payments are made to $11.5174. Without admitting these changes resulted in a material amendment to the equity swap agreement for purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Persons have treated the amendment as the termination of the previously reported equity swap agreement and the entering into of a new equity swap agreement reflecting the amended terms.
F6 On October 10, 2022, the Reporting Persons terminated the equity swap agreement.

Remarks:

Balance of trades included in attached schedule. (See Exhibit 99.1) Exhibits Index Exhibit 99.2 - Joint Filing Agreement