Bruce R. Thompson - Feb 15, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Vice Chair, Head Ent Credit
Signature
Bruce R. Thompson / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2023
Transactions value $
-$2,465,730
Form type
4
Date filed
2/17/2023, 06:38 PM
Previous filing
Feb 15, 2022
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +35.9K +5.13% 736K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$619K -17.4K -2.36% $35.56 719K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +15K +2.09% 734K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$258K -7.27K -0.99% $35.56 727K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +36.2K +4.98% 763K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$612K -17.2K -2.26% $35.56 745K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +20.3K +2.72% 766K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$331K -9.3K -1.21% $35.56 756K Feb 15, 2023 Direct F2
transaction BAC Common Stock Options Exercise +40.4K +5.34% 797K Feb 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$646K -18.2K -2.28% $35.56 779K Feb 15, 2023 Direct F2
holding BAC Preferred Stock, Series NN 60K Feb 15, 2023 Direct
holding BAC Preferred Stock, Series LL 40K Feb 15, 2023 Direct

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 2019 Restricted Stock Units Options Exercise -35.9K -50% 35.9K Feb 15, 2023 Common Stock 35.9K Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise +35.9K +100% 71.8K Feb 15, 2023 Common Stock 35.9K Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise -35.9K -50% 35.9K Feb 15, 2023 Common Stock 35.9K Direct F1, F3
transaction BAC Restricted Stock Units Options Exercise -21K -28% 54K Feb 15, 2023 Common Stock 21K Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +21K +140% 36K Feb 15, 2023 Common Stock 21K Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise -15K -41.67% 21K Feb 15, 2023 Common Stock 15K Direct F1, F4
transaction BAC 2020 Restricted Stock Units Options Exercise -36.2K -33.33% 72.3K Feb 15, 2023 Common Stock 36.2K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +36.2K +100% 72.3K Feb 15, 2023 Common Stock 36.2K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -36.2K -50% 36.2K Feb 15, 2023 Common Stock 36.2K Direct F1, F5
transaction BAC 2021 Restricted Stock Units Options Exercise -20.3K -25% 60.8K Feb 15, 2023 Common Stock 20.3K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +20.3K +100% 40.5K Feb 15, 2023 Common Stock 20.3K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise -20.3K -50% 20.3K Feb 15, 2023 Common Stock 20.3K Direct F1, F6
transaction BAC 2022 Restricted Stock Units Options Exercise -40.4K -25% 121K Feb 15, 2023 Common Stock 40.4K Direct F1, F7
* 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 15, 2019, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F4 On February 15, 2019, the reporting person was granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five annual installments of 10%, 14%, 12%, 12%, and 12%, respectively, commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F5 On February 14, 2020, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2021. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F6 On February 12, 2021, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F7 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.