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

Role
Chair and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Dec 15, 2023
Transactions value $
-$664,440
Form type
4
Date filed
12/19/2023, 04:08 PM
Previous filing
Nov 17, 2023
Next filing
Jan 17, 2024

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 Dec 15, 2023 Direct F1
transaction BAC Common Stock Disposed to Issuer -$664K -19.8K -0.85% $33.60 2.31M Dec 15, 2023 Direct
holding BAC Common Stock 3.43K Dec 15, 2023 401(k) Plan
holding BAC Common Stock 100K Dec 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 -33.33% 39.6K Dec 15, 2023 Common Stock 19.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 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.