Darrin Steve Boland - Feb 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Darrin Steve Boland / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2024
Transactions value $
-$639,119
Form type
4
Date filed
2/20/2024, 07:16 PM
Previous filing
Jan 29, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +15K +14.33% 120K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$227K -6.68K -5.58% $34.07 113K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +7.6K +6.73% 121K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$115K -3.39K -2.81% $34.07 117K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +12.6K +10.75% 130K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$192K -5.65K -4.35% $34.07 124K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +6.77K +5.45% 131K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$104K -3.05K -2.33% $34.07 128K Feb 15, 2024 Revocable Trust F2

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 -15K -50% 15K Feb 15, 2024 Common Stock 15K Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -7.6K -50% 7.6K Feb 15, 2024 Common Stock 7.6K Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -12.6K -33.33% 25.2K Feb 15, 2024 Common Stock 12.6K Direct F1, F5
transaction BAC 2023 Restricted Stock Units Options Exercise -6.77K -25% 20.3K Feb 15, 2024 Common Stock 6.77K Direct F1, F6
* 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 February 12, 2021, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2024.
F4 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F5 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F6 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.