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

Showing 1 to 8 of 8 entries

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.