| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BAC | Common Stock | 96,082 | 14 Feb 2025 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BAC | 2025 Performance Restricted Stock Units | Award | +105,779 | 105,779 | 14 Feb 2025 | Common Stock | 105,779 | Direct | F1, F2 | ||||
| transaction | BAC | 2025 Restricted Stock Units | Award | +52,890 | 52,890 | 14 Feb 2025 | Common Stock | 52,890 | Direct | F1, F3 | ||||
| transaction | BAC | 2025 Restricted Stock Units | Award | +52,889 | 52,889 | 14 Feb 2025 | Common Stock | 52,889 | Direct | F4, F5 |
| Id | Content |
|---|---|
| F1 | Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. |
| F2 | Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are subject to the attainment of pre-established performance goals. One-half of the units have performance goals based on the Company's three-year average return on assets and one-half of the units have performance goals based on the Company's three-year average growth in adjusted tangible book value, both beginning on January 1, 2025 and ending December 31, 2027. To the extent earned, the award will be settled in shares and vest in five equal annual installments commencing on March 1, 2028. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting. The reported number of units represents the "maximum" amount of the award (i.e., 100%); the actual award upon vesting may range between 0% and 100% of the maximum, depending upon satisfaction of the performance goals. |
| F3 | Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are settled in shares and vest in five equal annual installments commencing February 15, 2028. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting. |
| F4 | Each unit is the economic equivalent of one share of Bank of America Corporation common stock. |
| F5 | Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are settled in cash and vest in five equal annual installments commencing February 15, 2028. The net amount of each installment after any applicable tax withholding is subject to an additional twelve-month holding period after vesting. |