Bernard A. Mensah - Sep 1, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
President, International
Signature
Bernard A. Mensah / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Sep 1, 2023
Transactions value $
-$52,135
Form type
4
Date filed
9/6/2023, 04:59 PM
Previous filing
Aug 17, 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 +1.8K +1.41% 130K Sep 1, 2023 Direct F1
transaction BAC Common Stock Disposed to Issuer -$52.1K -1.8K -1.39% $28.98 128K Sep 1, 2023 Direct

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 Phantom Stock Units Options Exercise -1.8K -100% 0 Sep 1, 2023 Common Stock 1.8K 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 March 1, 2017, the reporting person was granted phantom units, vesting and payable in cash in five equal annual installments commencing on March 1, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional six-month holding period after vesting.