Sheri B. Bronstein - Feb 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Sheri B. Bronstein / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2024
Transactions value $
-$476,707
Form type
4
Date filed
2/20/2024, 07:22 PM
Previous filing
Mar 3, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +9.53K +4.03% 246K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$167K -4.89K -1.99% $34.07 241K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +7.95K +3.3% 249K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$138K -4.06K -1.63% $34.07 245K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +9.89K +4.04% 255K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$172K -5.05K -1.98% $34.07 250K 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 2021 Restricted Stock Units Options Exercise -9.53K -50% 9.53K Feb 15, 2024 Common Stock 9.53K Direct F1, F3
transaction BAC 2022 Restricted Stock Units Options Exercise -7.95K -33.33% 15.9K Feb 15, 2024 Common Stock 7.95K Direct F1, F4
transaction BAC 2023 Restricted Stock Units Options Exercise -9.89K -25% 29.7K Feb 15, 2024 Common Stock 9.89K Direct F1, F5
* 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 four equal annual installments commencing on February 15, 2022.
F4 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F5 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.