Eric A. Schimpf - Jan 25, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Eric A. Schimpf / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2024
Transactions value $
-$261,811
Form type
4
Date filed
1/29/2024, 05:33 PM
Previous filing
Dec 22, 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 +18K +832.56% 20.2K Jan 25, 2024 Direct F1
transaction BAC Common Stock Tax liability -$262K -7.84K -38.89% $33.39 12.3K Jan 25, 2024 Direct F2
holding BAC Common Stock 988 Jan 25, 2024 by Child
holding BAC Common Stock 988 Jan 25, 2024 by UTMA

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 Restricted Stock Units Options Exercise -18K -100% 0 Jan 25, 2024 Common Stock 18K 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 January 25, 2020, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2023