James P. DeMare - Feb 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2024
Transactions value $
-$3,357,394
Form type
4
Date filed
2/20/2024, 07:26 PM
Previous filing
Aug 17, 2023
Next filing
Jul 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +25K +12.96% 218K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$471K -13.8K -6.34% $34.07 204K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +35.2K +17.24% 239K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$663K -19.5K -8.13% $34.07 220K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +17.5K +7.95% 237K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$329K -9.66K -4.07% $34.07 228K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +63.1K +27.7% 291K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$1.19M -34.9K -12% $34.07 256K Feb 15, 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +37.5K +14.65% 293K Feb 15, 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$706K -20.7K -7.06% $34.07 273K 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 -25K -50% 25K Feb 15, 2024 Common Stock 25K Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -35.2K -50% 35.2K Feb 15, 2024 Common Stock 35.2K Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -17.5K -50% 17.5K Feb 15, 2024 Common Stock 17.5K Direct F1, F5
transaction BAC 2022 Restricted Stock Units Options Exercise -63.1K -33.33% 126K Feb 15, 2024 Common Stock 63.1K Direct F1, F6
transaction BAC 2023 Restricted Stock Units Options Exercise -37.5K -25% 112K Feb 15, 2024 Common Stock 37.5K Direct F1, F7
* 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 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F6 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F7 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.