Lauren A. Mogensen - Jan 25, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Lauren A. Mogensen / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2023
Transactions value $
-$917,499
Form type
4
Date filed
1/27/2023, 05:22 PM
Previous filing
Feb 15, 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 +14.93% 385K Jan 25, 2023 Direct F1
transaction BAC Common Stock Tax liability -$778K -22.3K -5.8% $34.87 363K Jan 25, 2023 Direct F2
transaction BAC Common Stock Options Exercise +9K +2.48% 372K Jan 25, 2023 Direct F1
transaction BAC Common Stock Tax liability -$140K -4.01K -1.08% $34.87 368K Jan 25, 2023 Direct 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.