Bruce R. Thompson - 15 Feb 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
Issuer symbol
BAC
Transactions as of
15 Feb 2023
Net transactions value
-$2,465,730
Form type
4
Filing time
17 Feb 2023, 18:38:36 UTC
Previous filing
15 Feb 2022
Next filing
16 Feb 2024
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 +35,897 +5.1% 736,168 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $618,531 -17,394 -2.4% $35.56 718,774 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +15,000 +2.1% 733,774 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $258,486 -7,269 -0.99% $35.56 726,505 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +36,163 +5% 762,668 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $612,059 -17,212 -2.3% $35.56 745,456 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +20,265 +2.7% 765,721 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $330,637 -9,298 -1.2% $35.56 756,423 15 Feb 2023 Direct F2
transaction BAC Common Stock Options Exercise +40,384 +5.3% 796,807 15 Feb 2023 Direct F1
transaction BAC Common Stock Tax liability $646,019 -18,167 -2.3% $35.56 778,640 15 Feb 2023 Direct F2
holding BAC Preferred Stock, Series NN 60,000 15 Feb 2023 Direct
holding BAC Preferred Stock, Series LL 40,000 15 Feb 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 -35,897 -50% 35,898 15 Feb 2023 Common Stock 35,897 Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise +35,897 +100% 71,794 15 Feb 2023 Common Stock 35,897 Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise -35,897 -50% 35,897 15 Feb 2023 Common Stock 35,897 Direct F1, F3
transaction BAC Restricted Stock Units Options Exercise -21,000 -28% 54,000 15 Feb 2023 Common Stock 21,000 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +21,000 +140% 36,000 15 Feb 2023 Common Stock 21,000 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise -15,000 -42% 21,000 15 Feb 2023 Common Stock 15,000 Direct F1, F4
transaction BAC 2020 Restricted Stock Units Options Exercise -36,163 -33% 72,326 15 Feb 2023 Common Stock 36,163 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +36,163 +100% 72,326 15 Feb 2023 Common Stock 36,163 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -36,163 -50% 36,163 15 Feb 2023 Common Stock 36,163 Direct F1, F5
transaction BAC 2021 Restricted Stock Units Options Exercise -20,265 -25% 60,797 15 Feb 2023 Common Stock 20,265 Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +20,265 +100% 40,530 15 Feb 2023 Common Stock 20,265 Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise -20,265 -50% 20,265 15 Feb 2023 Common Stock 20,265 Direct F1, F6
transaction BAC 2022 Restricted Stock Units Options Exercise -40,384 -25% 121,155 15 Feb 2023 Common Stock 40,384 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.