James P. DeMare - 15 Feb 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2023
Net transactions value
-$3,766,657
Form type
4
Filing time
17 Feb 2023, 18:16:23 UTC
Previous filing
27 Jan 2023
Next filing
26 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +75,815 +43% 250,304 15 Feb 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $1,490,889 -41,926 -17% $35.56 208,378 15 Feb 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +35,195 +17% 243,573 15 Feb 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $692,104 -19,463 -8% $35.56 224,110 15 Feb 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +17,470 +7.8% 241,580 15 Feb 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $343,545 -9,661 -4% $35.56 231,919 15 Feb 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +63,063 +27% 294,982 15 Feb 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $1,240,119 -34,874 -12% $35.56 260,108 15 Feb 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 2020 Restricted Stock Units Options Exercise -75,815 -100% 0 15 Feb 2023 Common Stock 75,815 Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -35,195 -33% 70,391 15 Feb 2023 Common Stock 35,195 Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -17,470 -33% 34,940 15 Feb 2023 Common Stock 17,470 Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -63,063 -25% 189,190 15 Feb 2023 Common Stock 63,063 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.