Matthew M. Koder - Jun 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
Jun 1, 2023
Transactions value $
-$189,765
Form type
4
Date filed
6/5/2023, 04:07 PM
Previous filing
Apr 4, 2023
Next filing
Jul 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +50K +15.63% 370K Jun 1, 2023 Direct F1
transaction BAC Common Stock Tax liability -$190K -6.83K -1.85% $27.78 363K Jun 1, 2023 Direct 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 -50K -50% 50K Jun 1, 2023 Common Stock 50K 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 June 1, 2021, the reporting person was granted units, vesting in three equal annual installments commencing on June 1, 2022.