James P. DeMare - Jan 25, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2023
Transactions value $
-$1,440,759
Form type
4
Date filed
1/27/2023, 05:06 PM
Previous filing
Aug 17, 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 +75K +53.26% 216K Jan 25, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$1.44M -41.3K -19.15% $34.87 174K 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 -75K -100% 0 Jan 25, 2023 Common Stock 75K 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 January 25, 2019, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2022.