MOYNIHAN BRIAN T. - 15 Jan 2022 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chairman and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Jan 2022
Net transactions value
-$853,660
Form type
4
Filing time
19 Jan 2022, 15:13:21 UTC
Previous filing
17 Dec 2021
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +17,818 +0.95% 1,891,837 15 Jan 2022 Direct F1
transaction BAC Common Stock Disposed to Issuer $853,660 -17,818 -0.94% $47.91 1,874,019 15 Jan 2022 Direct
holding BAC Common Stock 3,229 15 Jan 2022 401(k) Plan F2
holding BAC Common Stock 100,000 15 Jan 2022 By Trust

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 Cash Settled Restricted Stock Units Options Exercise -17,818 -50% 17,819 15 Jan 2022 Common Stock 17,818 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 is the economic equivalent of one share of Bank of America Corporation common stock.
F2 The share equivalents attributed to the reporting person's 401(k) balance increased 12.396 shares due to dividend reinvestments and changes in the Net Asset Value of the issuer's stock fund.
F3 On February 12, 2021, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2021 and ending in February 2022.