Moynihan Brian T. - 15 Mar 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chairman and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Mar 2023
Net transactions value
-$563,390
Form type
4
Filing time
17 Mar 2023, 16:06:39 UTC
Previous filing
03 Mar 2023
Next filing
18 Apr 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 +19,775 +0.85% 2,334,647 15 Mar 2023 Direct F1
transaction BAC Common Stock Disposed to Issuer $563,390 -19,775 -0.85% $28.49 2,314,872 15 Mar 2023 Direct
holding BAC Common Stock 3,329 15 Mar 2023 401(k) Plan
holding BAC Common Stock 100,000 15 Mar 2023 By Trust

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 2023 Cash Settled Restricted Stock Units Options Exercise -19,775 -8.3% 217,528 15 Mar 2023 Common Stock 19,775 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 On February 15, 2023, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2023 and ending in February 2024.