Bernard A. Mensah - 01 Sep 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: 01 Sep 2023
Net transactions value: -$52,135
Form type: 4
Filing time: 06 Sep 2023, 16:59:35 UTC
Previous filing: 17 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		+1,799	+1.4%		129,536	01 Sep 2023	Direct	F1
transaction	BAC	Common Stock	Disposed to Issuer	$52,135	-1,799	-1.4%	$28.98	127,737	01 Sep 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		-1,799	-100%		0	01 Sep 2023	Common Stock	1,799		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.