Matthew M. Koder - Aug 15, 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
Aug 15, 2023
Transactions value $
-$82,006
Form type
4
Date filed
8/17/2023, 04:43 PM
Previous filing
Jul 26, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +22.4K +6.18% 385K Aug 15, 2023 Direct F1
transaction BAC Common Stock Tax liability -$82K -2.74K -0.71% $29.94 383K Aug 15, 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 2021 Restricted Stock Units Options Exercise -22.4K -50% 22.4K Aug 15, 2023 Common Stock 22.4K 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.