Darrin Steve Boland - Jun 12, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Administrative Officer
Signature
Darrin Steve Boland / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jun 12, 2023
Transactions value $
-$1,456,500
Form type
4
Date filed
6/14/2023, 04:08 PM
Previous filing
May 15, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +50K +50.24% 150K Jun 12, 2023 Revocable Trust F1
transaction BAC Common Stock Disposed to Issuer -$1.46M -50K -33.44% $29.13 99.5K Jun 12, 2023 Revocable 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 Phantom Stock Units Options Exercise -50K -50% 50K Jun 12, 2023 Common Stock 50K 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 June 12, 2020 the reporting person was granted phantom units, vesting and payable in cash in two equal annual installments commencing on June 12, 2023.