Brian T. Moynihan - May 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
May 15, 2024
Transactions value $
-$804,776
Form type
4
Date filed
5/17/2024, 04:31 PM
Previous filing
Apr 17, 2024
Next filing
Jun 18, 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 May 15, 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer -$805K -20.7K -0.8% $38.91 2.55M May 15, 2024 Direct
transaction BAC Common Stock Gift $0 -55K -2.15% $0.00 2.5M May 15, 2024 Direct F2
transaction BAC Common Stock Gift $0 -45K -1.8% $0.00 2.45M May 15, 2024 Direct F2
holding BAC Common Stock 3.44K May 15, 2024 401(k) Plan
holding BAC Common Stock 100K May 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 -10% 186K May 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 Represents a charitable gift by the reporting person.
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.