Aditya Bhasin - 15 Feb 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Tech & Info Officer
Signature
Aditya Bhasin / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2023
Net transactions value
-$987,892
Form type
4
Filing time
17 Feb 2023, 18:05:26 UTC
Previous filing
27 Jan 2023
Next filing
29 Jan 2024
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 +25,216 +25% 125,100 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $397,952 -11,191 -8.9% $35.56 113,909 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +17,784 +16% 131,693 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $281,244 -7,909 -6% $35.56 123,784 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +19,404 +16% 143,188 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $308,696 -8,681 -6.1% $35.56 134,507 15 Feb 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 2020 Restricted Stock Units Options Exercise -25,216 -100% 0 15 Feb 2023 Common Stock 25,216 Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -17,784 -33% 35,568 15 Feb 2023 Common Stock 17,784 Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -19,404 -25% 58,213 15 Feb 2023 Common Stock 19,404 Direct F1, F5
* 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 February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F4 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F5 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.