Brian T. Moynihan - Apr 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chair and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Apr 15, 2024
Transactions value $
-$743,554
Form type
4
Date filed
4/17/2024, 04:06 PM
Previous filing
Mar 19, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +20.7K +0.81% 2.57M Apr 15, 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer -$744K -20.7K -0.8% $35.95 2.55M Apr 15, 2024 Direct
holding BAC Common Stock 3.44K Apr 15, 2024 401(k) Plan F2
holding BAC Common Stock 100K Apr 15, 2024 By Trust

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 2024 Cash Settled Restricted Stock Units Options Exercise -20.7K -9.09% 207K Apr 15, 2024 Common Stock 20.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 The share equivalents attributed to the reporting person's 401(k) balance decreased 3.305 shares due to changes in the Net Asset Value (NAV) of the issuer's stock fund, offset by dividend reinvestments.
F3 On February 15, 2024, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2024 and ending in February 2025.