Bernard A. Mensah - 01 Mar 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
01 Mar 2024
Net transactions value
-$49,155
Form type
4
Filing time
05 Mar 2024, 17:57:27 UTC
Previous filing
16 Feb 2024
Next filing
19 Aug 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 +1,431 +0.84% 171,606 01 Mar 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer $49,155 -1,431 -0.83% $34.35 170,175 01 Mar 2024 Direct

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 Phantom Stock Units Options Exercise -1,800 -100% 0 01 Mar 2024 Common Stock 1,800 Direct F1, F2
transaction BAC Vested Phantom Stock Units Options Exercise +1,800 1,800 01 Mar 2024 Common Stock 1,800 Direct F1, F2
transaction BAC Phantom Stock Units Options Exercise -1,432 -50% 1,432 01 Mar 2024 Common Stock 1,432 Direct F1, F3
transaction BAC Vested Phantom Stock Units Options Exercise +1,432 +100% 2,863 01 Mar 2024 Common Stock 1,432 Direct F1, F3
transaction BAC Vested Phantom Stock Units Options Exercise -1,431 -50% 1,432 01 Mar 2024 Common Stock 1,431 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 On March 1, 2017, the reporting person was granted phantom units, vesting in five equal annual installments commencing on March 1, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional six-month holding period after vesting.
F3 On March 1, 2018, the reporting person was granted phantom units, vesting in five equal annual installments commencing on March 1, 2021. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.