BRIAN T. MOYNIHAN - 15 Jun 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Jun 2024
Net transactions value
-$811,601
Form type
4
Filing time
18 Jun 2024, 16:05:55 UTC
Previous filing
17 May 2024
Next filing
17 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +20,683 +0.84% 2,473,610 15 Jun 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer $811,601 -20,683 -0.84% $39.24 2,452,927 15 Jun 2024 Direct
holding BAC Common Stock 3,436 15 Jun 2024 401(k) Plan
holding BAC Common Stock 100,000 15 Jun 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 -20,683 -11% 165,464 15 Jun 2024 Common Stock 20,683 Direct F1, F2
* 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 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.