Alastair M. Borthwick - Feb 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Financial Officer
Signature
Alastair M. Borthwick / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2024
Transactions value $
-$1,887,989
Form type
4
Date filed
2/20/2024, 07:19 PM
Previous filing
Jul 26, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +25K +8.01% 337K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$471K -13.8K -4.1% $34.07 323K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +39.3K +12.16% 363K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$741K -21.7K -6% $34.07 341K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +16.1K +4.73% 357K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$304K -8.91K -2.5% $34.07 348K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +19.8K +5.68% 368K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$373K -10.9K -2.97% $34.07 357K Feb 15, 2024 Direct 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 -25K -50% 25K Feb 15, 2024 Common Stock 25K Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -39.3K -50% 39.3K Feb 15, 2024 Common Stock 39.3K Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -16.1K -33.33% 32.2K Feb 15, 2024 Common Stock 16.1K Direct F1, F5
transaction BAC 2023 Restricted Stock Units Options Exercise -19.8K -25% 59.3K Feb 15, 2024 Common Stock 19.8K 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.