Matthew M. Koder - Apr 1, 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
Apr 1, 2023
Transactions value $
-$4,115,111
Form type
4
Date filed
4/4/2023, 05:44 PM
Previous filing
Feb 24, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +144K +44.99% 464K Apr 1, 2023 Direct F1
transaction BAC Common Stock Disposed to Issuer -$4.12M -144K -31.03% $28.60 320K Apr 1, 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 Phantom Stock Units Options Exercise -144K -100% 0 Apr 1, 2023 Common Stock 144K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 On April 1, 2019 the reporting person was granted phantom units, vesting and payable in cash in one installment on April 1, 2023.