Bernard A. Mensah - 15 Feb 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
President, International
Signature
Bernard A. Mensah / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2024
Net transactions value
-$1,282,293
Form type
4
Filing time
20 Feb 2024, 19:50:38 UTC
Previous filing
06 Sep 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +25,346 +20% 153,083 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $405,876 -11,913 -7.8% $34.07 141,170 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +29,763 +21% 170,933 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $476,605 -13,989 -8.2% $34.07 156,944 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +24,966 +16% 181,910 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $399,811 -11,735 -6.5% $34.07 170,175 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 2017 Restricted Stock Units Options Exercise -33,788 -100% 0 15 Feb 2024 Common Stock 33,788 Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise +33,788 33,788 15 Feb 2024 Common Stock 33,788 Direct F1, F3
transaction BAC 2018 Restricted Stock Units Options Exercise -25,345 -50% 25,346 15 Feb 2024 Common Stock 25,345 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +25,345 +100% 50,691 15 Feb 2024 Common Stock 25,345 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise -25,346 -50% 25,345 15 Feb 2024 Common Stock 25,346 Direct F1, F4
transaction BAC 2019 Restricted Stock Units Options Exercise -29,764 -33% 59,527 15 Feb 2024 Common Stock 29,764 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +29,764 +100% 59,527 15 Feb 2024 Common Stock 29,764 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -29,763 -50% 29,764 15 Feb 2024 Common Stock 29,763 Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -18,000 -20% 72,000 15 Feb 2024 Common Stock 18,000 Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +18,000 18,000 15 Feb 2024 Common Stock 18,000 Direct F1, F6
transaction BAC 2020 Restricted Stock Units Options Exercise -24,966 -25% 74,898 15 Feb 2024 Common Stock 24,966 Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise +24,966 +100% 49,932 15 Feb 2024 Common Stock 24,966 Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise -24,966 -50% 24,966 15 Feb 2024 Common Stock 24,966 Direct F1, F7
transaction BAC 2021 Restricted Stock Units Options Exercise -14,190 -20% 56,762 15 Feb 2024 Common Stock 14,190 Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +14,190 14,190 15 Feb 2024 Common Stock 14,190 Direct F1, F8
transaction BAC 2021 Restricted Stock Units Options Exercise -16,435 -20% 65,741 15 Feb 2024 Common Stock 16,435 Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +16,435 16,435 15 Feb 2024 Common Stock 16,435 Direct F1, F8
transaction BAC Restricted Stock Units Options Exercise -10,000 -20% 40,000 15 Feb 2024 Common Stock 10,000 Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +10,000 10,000 15 Feb 2024 Common Stock 10,000 Direct F1, F8
* 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 15, 2017, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional six-month holding period after vesting.
F4 On February 15, 2018, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2021. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F5 On February 15, 2019, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2022. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F6 On February 15, 2019, the reporting person was granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five equal annual installments commencing on February 15, 2024. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F7 On February 14, 2020, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2023. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F8 On February 12, 2021, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2024. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.