Denise L. Ramos - Apr 25, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Director
Signature
Denise L. Ramos / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Apr 25, 2023
Transactions value $
$0
Form type
4
Date filed
4/27/2023, 05:10 PM
Previous filing
Jan 19, 2023
Next filing
May 4, 2023

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 Award +13.5K +29.27% 59.7K Apr 25, 2023 Common Stock 13.5K $0.00 Direct F1, F2, F3
* 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 Phantom stock units acquired represent payment of annual compensation for services as a director under the Bank of America Corporation Director Deferral Plan in transactions exempt under Rule 16b-3. Phantom stock units may be settled in cash upon death or termination of service as a director.
F3 Includes 1,276.64 phantom stock units acquired in dividend reinvestment transactions under the Bank of America Corporation Director Deferral Plan.