James P. DeMare - 15 Aug 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
President, Global Markets
Signature
James P. DeMare / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Aug 2023
Net transactions value
-$289,250
Form type
4
Filing time
17 Aug 2023, 16:39:23 UTC
Previous filing
03 Aug 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +17,470 +9.4% 202,578 15 Aug 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability $289,250 -9,661 -4.8% $29.94 192,917 15 Aug 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 2021 Restricted Stock Units Options Exercise -17,470 -50% 17,470 15 Aug 2023 Common Stock 17,470 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 12, 2021, the reporting person was granted units, vesting in three equal annual installments commencing on August 15, 2022.