Key facts
- This page summarizes Andrew M. Sieg's Form 4 filing for BANK OF AMERICA CORP /DE/ (BAC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Mar 2023, 16:56.
Andrew M. Sieg - 01 Mar 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)
- Reporting relationship
- Pres, Merrill Wealth Mgmt
- Issuer ticker
- BAC
- Reported as of
- 01 Mar 2023
- Net transaction value
- -$742,511
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 16:56:42 UTC
- Prior SEC filing
- 15 Feb 2023
- Next SEC filing
- 28 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- Andrew M. Sieg / Michael P. Lapp POA
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Andrew M. Sieg filed Form 4 for BANK OF AMERICA CORP /DE/ (BAC) on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 15 Feb 2023.
- Current net transaction value: -$742,511.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BAC
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +42,602
- Change %
- +11%
- Price
- Shares after
- 413,580
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F1
BAC
transaction
Common Stock
Tax liability
- Transaction value
- $742,511
- Shares
- -21,749
- Change %
- -5.3%
- Price
- $34.14
- Shares after
- 391,831
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F2
BAC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8
- Date
- 01 Mar 2023
- Ownership
- 401(k) Plan
BAC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,618
- Date
- 01 Mar 2023
- Ownership
- By Spouse
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BAC
transaction
Derivative
2020 Performance Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -42,602
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Mar 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 42,602
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
Footnote F2
Disposition of shares to the issuer to satisfy a tax withholding obligation.
Footnote F3
On February 14, 2020, the reporting person was granted units, subject to the Company's attainment of 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, 2020 and ending December 31, 2022. For the performance period, an amount equaling 89% of the target was earned. All units earned were settled in shares on March 1, 2023, and no units remain outstanding.