Darrin Steve Boland - 25 Jan 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Administrative Officer
Signature
Darrin Steve Boland / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
25 Jan 2023
Net transactions value
-$909,723
Form type
4
Filing time
27 Jan 2023, 17:02:33 UTC
Previous filing
13 May 2022
Next filing
15 Feb 2023
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 +50,000 +104% 98,091 25 Jan 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $770,488 -22,096 -23% $34.87 75,995 25 Jan 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +9,000 +12% 84,995 25 Jan 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $139,236 -3,993 -4.7% $34.87 81,002 25 Jan 2023 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 Restricted Stock Units Options Exercise -50,000 -100% 0 25 Jan 2023 Common Stock 50,000 Direct F1, F3
transaction BAC Restricted Stock Units Options Exercise -9,000 -50% 9,000 25 Jan 2023 Common Stock 9,000 Direct F1, F4
* 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 January 25, 2019, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2022.
F4 On January 25, 2020, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2023.