Bruce R. Thompson - 15 Feb 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Vice Chair, Head Ent Credit
Signature
Bruce R. Thompson / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2024
Net transactions value
-$3,355,588
Form type
4
Filing time
20 Feb 2024, 20:07:41 UTC
Previous filing
15 Feb 2023
Next filing
03 May 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 +35,897 +4.6% 814,537 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $607,332 -17,826 -2.2% $34.07 796,711 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +21,000 +2.6% 817,711 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $355,418 -10,432 -1.3% $34.07 807,279 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +36,163 +4.5% 843,442 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $609,342 -17,885 -2.1% $34.07 825,557 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +25,000 +3% 850,557 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $416,438 -12,223 -1.4% $34.07 838,334 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +20,265 +2.4% 858,599 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $337,634 -9,910 -1.2% $34.07 848,689 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +40,385 +4.8% 889,074 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $667,329 -19,587 -2.2% $34.07 869,487 15 Feb 2024 Direct F2
transaction BAC Common Stock Options Exercise +21,857 +2.5% 891,344 15 Feb 2024 Direct F1
transaction BAC Common Stock Tax liability $362,096 -10,628 -1.2% $34.07 880,716 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 2019 Restricted Stock Units Options Exercise -35,898 -100% 0 15 Feb 2024 Common Stock 35,898 Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise +35,898 +100% 71,795 15 Feb 2024 Common Stock 35,898 Direct F1, F3
transaction BAC Vested Restricted Stock Units Options Exercise -35,897 -50% 35,898 15 Feb 2024 Common Stock 35,897 Direct F1, F3
transaction BAC Restricted Stock Units Options Exercise -18,000 -33% 36,000 15 Feb 2024 Common Stock 18,000 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise +18,000 +86% 39,000 15 Feb 2024 Common Stock 18,000 Direct F1, F4
transaction BAC Vested Restricted Stock Units Options Exercise -21,000 -54% 18,000 15 Feb 2024 Common Stock 21,000 Direct F1, F4
transaction BAC 2020 Restricted Stock Units Options Exercise -36,163 -50% 36,163 15 Feb 2024 Common Stock 36,163 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +36,163 +100% 72,326 15 Feb 2024 Common Stock 36,163 Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -36,163 -50% 36,163 15 Feb 2024 Common Stock 36,163 Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -25,000 -50% 25,000 15 Feb 2024 Common Stock 25,000 Direct F1, F6
transaction BAC 2021 Restricted Stock Units Options Exercise -20,266 -33% 40,531 15 Feb 2024 Common Stock 20,266 Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise +20,266 +100% 40,531 15 Feb 2024 Common Stock 20,266 Direct F1, F7
transaction BAC Vested Restricted Stock Units Options Exercise -20,265 -50% 20,266 15 Feb 2024 Common Stock 20,265 Direct F1, F7
transaction BAC 2022 Restricted Stock Units Options Exercise -40,385 -33% 80,770 15 Feb 2024 Common Stock 40,385 Direct F1, F8
transaction BAC 2023 Restricted Stock Units Options Exercise -21,857 -25% 65,571 15 Feb 2024 Common Stock 21,857 Direct F1, F9
* 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, 2019, 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 twelve-month holding period after vesting.
F4 On February 15, 2019, the reporting person was granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five annual installments of 10%, 14%, 12%, 12%, and 12%, respectively, commencing on February 15, 2022. 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.
F5 On February 14, 2020, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2021. 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.
F6 On February 12, 2021, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2024.
F7 On February 12, 2021, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2022. 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.
F8 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F9 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.