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

Role
President, International
Signature
Bernard A. Mensah / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2024
Transactions value $
-$1,282,293
Form type
4
Date filed
2/20/2024, 07:50 PM
Previous filing
Sep 6, 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 +25.3K +19.84% 153K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$406K -11.9K -7.78% $34.07 141K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +29.8K +21.08% 171K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$477K -14K -8.18% $34.07 157K Feb 15, 2024 Direct F2
transaction BAC Common Stock Options Exercise +25K +15.91% 182K Feb 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$400K -11.7K -6.45% $34.07 170K 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 2017 Restricted Stock Units Options Exercise -33.8K -100% 0 Feb 15, 2024 Common Stock 33.8K Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise +33.8K 33.8K Feb 15, 2024 Common Stock 33.8K Direct F1, F3
transaction BAC 2018 Restricted Stock Units Options Exercise -25.3K -50% 25.3K Feb 15, 2024 Common Stock 25.3K Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +25.3K +100% 50.7K Feb 15, 2024 Common Stock 25.3K Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise -25.3K -50% 25.3K Feb 15, 2024 Common Stock 25.3K Direct F1, F4
transaction BAC 2019 Restricted Stock Units Options Exercise -29.8K -33.33% 59.5K Feb 15, 2024 Common Stock 29.8K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +29.8K +100% 59.5K Feb 15, 2024 Common Stock 29.8K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -29.8K -50% 29.8K Feb 15, 2024 Common Stock 29.8K Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -18K -20% 72K Feb 15, 2024 Common Stock 18K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +18K 18K Feb 15, 2024 Common Stock 18K Direct F1, F6
transaction BAC 2020 Restricted Stock Units Options Exercise -25K -25% 74.9K Feb 15, 2024 Common Stock 25K Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise +25K +100% 49.9K Feb 15, 2024 Common Stock 25K Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise -25K -50% 25K Feb 15, 2024 Common Stock 25K Direct F1, F7
transaction BAC 2021 Restricted Stock Units Options Exercise -14.2K -20% 56.8K Feb 15, 2024 Common Stock 14.2K Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +14.2K 14.2K Feb 15, 2024 Common Stock 14.2K Direct F1, F8
transaction BAC 2021 Restricted Stock Units Options Exercise -16.4K -20% 65.7K Feb 15, 2024 Common Stock 16.4K Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +16.4K 16.4K Feb 15, 2024 Common Stock 16.4K Direct F1, F8
transaction BAC Restricted Stock Units Options Exercise -10K -20% 40K Feb 15, 2024 Common Stock 10K Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +10K 10K Feb 15, 2024 Common Stock 10K 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.