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

Signature
Sheri B. Bronstein / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2024
Net transactions value
-$476,707
Form type
4
Filing time
20 Feb 2024, 19:22:33 UTC
Previous filing
03 Mar 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +9,529 +4% 245,924 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $166,500 -4,887 -2% $34.07 241,037 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +7,952 +3.3% 248,989 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $138,290 -4,059 -1.6% $34.07 244,930 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +9,887 +4% 254,817 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $171,917 -5,046 -2% $34.07 249,771 15 Feb 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 -9,529 -50% 9,529 15 Feb 2024 Common Stock 9,529 Direct F1, F3
transaction BAC 2022 Restricted Stock Units Options Exercise -7,952 -33% 15,905 15 Feb 2024 Common Stock 7,952 Direct F1, F4
transaction BAC 2023 Restricted Stock Units Options Exercise -9,887 -25% 29,664 15 Feb 2024 Common Stock 9,887 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.