Bernard A. Mensah - 15 Aug 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role: President, International
Signature: Bernard A. Mensah / Michael P. Lapp POA
Issuer symbol: BAC
Transactions as of: 15 Aug 2023
Net transactions value: -$475,477
Form type: 4
Filing time: 17 Aug 2023, 16:45:30 UTC
Previous filing: 03 Mar 2023
Next filing: 06 Sep 2023
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		+33,788	+31%		143,618	15 Aug 2023	Direct	F1
transaction	BAC	Common Stock	Tax liability	$475,477	-15,881	-11%	$29.94	127,737	15 Aug 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	Vested Restricted Stock Units	Options Exercise		-33,788	-100%		0	15 Aug 2023	Common Stock	33,788		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, 2017, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional six-month holding period after vesting.