Bernard A. Mensah - 01 Sep 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Bernard A. Mensah / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
01 Sep 2024
Net transactions value
-$73,350
Form type
4
Filing time
04 Sep 2024, 16:17:33 UTC
Previous filing
29 Aug 2024
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +1,800 +1.9% 97,882 01 Sep 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer $73,350 -1,800 -1.8% $40.75 96,082 01 Sep 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 Vested Phantom Stock Units Options Exercise -1,800 -100% 0 01 Sep 2024 Common Stock 1,800 Direct F1, F2
* 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 and payable in cash 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.