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

Role
Pres, Gl Corp & Invest Banking
Signature
Matthew M. Koder / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2023
Transactions value $
-$924,880
Form type
4
Date filed
2/17/2023, 06:25 PM
Previous filing
Feb 6, 2023
Next filing
Feb 24, 2023
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 +98.2K +45.71% 313K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$312K -8.77K -2.8% $35.56 304K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +45.2K +14.86% 349K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$180K -5.07K -1.45% $35.56 344K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +22.4K +6.52% 367K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$89.5K -2.52K -0.69% $35.56 364K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +70.3K +19.31% 435K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$343K -9.66K -2.22% $35.56 425K Feb 15, 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 -98.2K -100% 0 Feb 15, 2023 Common Stock 98.2K Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -45.2K -33.33% 90.4K Feb 15, 2023 Common Stock 45.2K Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -22.4K -33.33% 44.9K Feb 15, 2023 Common Stock 22.4K Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -70.3K -25% 211K Feb 15, 2023 Common Stock 70.3K 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.