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

Role
Chief Administrative Officer
Signature
Darrin Steve Boland / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2023
Transactions value $
-$909,723
Form type
4
Date filed
1/27/2023, 05:02 PM
Previous filing
May 13, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +50K +103.97% 98.1K Jan 25, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$770K -22.1K -22.53% $34.87 76K Jan 25, 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +9K +11.84% 85K Jan 25, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$139K -3.99K -4.7% $34.87 81K Jan 25, 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 -50K -100% 0 Jan 25, 2023 Common Stock 50K Direct F1, F3
transaction BAC Restricted Stock Units Options Exercise -9K -50% 9K Jan 25, 2023 Common Stock 9K 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.