Brian T. Moynihan - Oct 15, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chairman and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Oct 15, 2023
Transactions value $
-$529,206
Form type
4
Date filed
10/17/2023, 04:04 PM
Previous filing
Sep 19, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +19.8K +0.85% 2.33M Oct 15, 2023 Direct F1
transaction BAC Common Stock Disposed to Issuer -$529K -19.8K -0.85% $26.76 2.31M Oct 15, 2023 Direct
holding BAC Common Stock 3.43K Oct 15, 2023 401(k) Plan F2
holding BAC Common Stock 100K Oct 15, 2023 By Trust

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 2023 Cash Settled Restricted Stock Units Options Exercise -19.8K -20% 79.1K Oct 15, 2023 Common Stock 19.8K 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 is the economic equivalent of one share of Bank of America Corporation common stock.
F2 The share equivalents attributed to the reporting person's 401(k) balance increased 32.246 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund.
F3 On February 15, 2023, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2023 and ending in February 2024.