Matthew M. Koder - 15 Feb 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Feb 2023, 20:22:10 UTC
Prior SEC filing
06 Feb 2023
Next SEC filing
24 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Matthew M. Koder / Michael P. Lapp POA

Key filing fact

Matthew M. Koder filed Form 4 for BANK OF AMERICA CORP /DE/ (BAC) on 15 Feb 2023.

Key facts

  • This page summarizes Matthew M. Koder's Form 4 filing for BANK OF AMERICA CORP /DE/ (BAC).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Feb 2023, 20:22.

Change

  • Previous filing in this sequence was filed on 06 Feb 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BAC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
214,747
Date
15 Feb 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BAC transaction Derivative

2023 Performance Restricted Stock Units

Award

Transaction value
Shares
+122,399
Change %
Price
Shares after
122,399
Date
15 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
122,399
Exercise price
Footnotes
F1, F2
BAC transaction Derivative

2023 Restricted Stock Units

Award

Transaction value
Shares
+122,399
Change %
Price
Shares after
122,399
Date
15 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
122,399
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.

Footnote F2

Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are subject to the attainment of pre-established performance goals. One-half of the units have performance goals based on the Company's three-year average return on assets and one-half of the units have performance goals based on the Company's three-year average growth in adjusted tangible book value, both beginning on January 1, 2023 and ending December 31, 2025. To the extent earned, the award will be settled in shares on March 1, 2026. The reported number of units represents the "maximum" amount of the award (i.e., 100%); the actual award upon vesting may range between 0% and 100% of the maximum, depending upon satisfaction of the performance goals.

Footnote F3

Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units vest in four equal annual installments commencing February 15, 2024.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .