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

Role
Pres, Merrill Wealth Mgmt
Signature
Andrew M. Sieg / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2023
Net transactions value
-$751,667
Form type
4
Filing time
17 Feb 2023, 18:36:13 UTC
Previous filing
27 Jan 2023
Next filing
03 Mar 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 +15,956 +4.5% 366,668 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $289,672 -8,146 -2.2% $35.56 358,522 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +13,364 +3.7% 371,886 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $242,626 -6,823 -1.8% $35.56 365,063 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +12,084 +3.3% 377,147 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $219,370 -6,169 -1.6% $35.56 370,978 15 Feb 2023 Direct F2
holding BAC Common Stock 8 15 Feb 2023 401(k) Plan
holding BAC Common Stock 12,618 15 Feb 2023 By Spouse

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 -15,956 -100% 0 15 Feb 2023 Common Stock 15,956 Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -13,364 -33% 26,728 15 Feb 2023 Common Stock 13,364 Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -12,084 -25% 36,253 15 Feb 2023 Common Stock 12,084 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.