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

Signature
James P. DeMare / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2024
Net transactions value
-$3,357,394
Form type
4
Filing time
20 Feb 2024, 19:26:54 UTC
Previous filing
17 Aug 2023
Next filing
26 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +25,000 +13% 217,917 15 Feb 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability $471,018 -13,825 -6.3% $34.07 204,092 15 Feb 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +35,195 +17% 239,287 15 Feb 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability $663,104 -19,463 -8.1% $34.07 219,824 15 Feb 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +17,470 +7.9% 237,294 15 Feb 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability $329,150 -9,661 -4.1% $34.07 227,633 15 Feb 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +63,063 +28% 290,696 15 Feb 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability $1,188,157 -34,874 -12% $34.07 255,822 15 Feb 2024 Revocable Trust F2
transaction BAC Common Stock Options Exercise +37,469 +15% 293,291 15 Feb 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability $705,964 -20,721 -7.1% $34.07 272,570 15 Feb 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 -25,000 -50% 25,000 15 Feb 2024 Common Stock 25,000 Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -35,195 -50% 35,196 15 Feb 2024 Common Stock 35,195 Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -17,470 -50% 17,470 15 Feb 2024 Common Stock 17,470 Direct F1, F5
transaction BAC 2022 Restricted Stock Units Options Exercise -63,063 -33% 126,127 15 Feb 2024 Common Stock 63,063 Direct F1, F6
transaction BAC 2023 Restricted Stock Units Options Exercise -37,469 -25% 112,407 15 Feb 2024 Common Stock 37,469 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.