Rudolf A. Bless - Jan 25, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Rudolf A. Bless / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 25, 2023
Transactions value $
-$281,227
Form type
4
Date filed
1/27/2023, 05:00 PM
Previous filing
Nov 17, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +18K +11.34% 177K Jan 25, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$281K -8.07K -4.56% $34.87 169K Jan 25, 2023 Revocable Trust F2

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 -18K -50% 18K Jan 25, 2023 Common Stock 18K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 January 25, 2020, the reporting person was granted units, vesting in two equal annual installments commencing on January 25, 2023.