Eric A. Schimpf - May 15, 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Pres, Merrill Wealth Mgmt
Signature
Eric A. Schimpf / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
May 15, 2024
Transactions value $
-$20,116
Form type
4
Date filed
5/17/2024, 04:43 PM
Previous filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +1.23 K +4.72% 27.4 K May 15, 2024 Direct F1
transaction BAC Common Stock Tax liability -$20.1 K -517 -1.89% $38.91 26.8 K May 15, 2024 Direct F2
holding BAC Common Stock 988 May 15, 2024 by Child
holding BAC Common Stock 988 May 15, 2024 by UTMA

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 Restricted Stock Units Options Exercise -1.23 K -12.49% 8.64 K May 15, 2024 Common Stock 1.23 K Direct F1, F3

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, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.