Rudolf A. Bless - 15 May 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Rudolf A. Bless / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 May 2023
Net transactions value
-$32,682
Form type
4
Filing time
17 May 2023, 16:25:42 UTC
Previous filing
15 Feb 2023
Next filing
17 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +2,674 +1.3% 208,813 15 May 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $32,682 -1,182 -0.57% $27.65 207,631 15 May 2023 Revocable Trust F2

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 Restricted Stock Units Options Exercise -2,674 -8.3% 29,416 15 May 2023 Common Stock 2,674 Direct F1, F3
* 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, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.