Rudolf A. Bless - Feb 15, 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Accounting Officer
Signature
Rudolf A. Bless / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2023
Transactions value $
-$1,054,923
Form type
4
Date filed
2/17/2023, 06:07 PM
Previous filing
Jan 27, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +33K +19.53% 202K Feb 15, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$518K -14.6K -7.22% $35.56 187K Feb 15, 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +20.8K +11.13% 208K Feb 15, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$327K -9.2K -4.43% $35.56 199K Feb 15, 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +10.7K +5.37% 209K Feb 15, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$168K -4.72K -2.25% $35.56 205K Feb 15, 2023 Revocable Trust F2
transaction BAC Common Stock Options Exercise +2.67K +1.31% 207K Feb 15, 2023 Revocable Trust F1
transaction BAC Common Stock Tax liability -$42K -1.18K -0.57% $35.56 206K Feb 15, 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 2020 Restricted Stock Units Options Exercise -33K -100% 0 Feb 15, 2023 Common Stock 33K Direct F1, F3
transaction BAC 2021 Restricted Stock Units Options Exercise -20.8K -33.33% 41.6K Feb 15, 2023 Common Stock 20.8K Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -10.7K -25% 32K Feb 15, 2023 Common Stock 10.7K Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -2.67K -7.69% 32.1K Feb 15, 2023 Common Stock 2.67K Direct F1, F6
* 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 February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.
F4 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F5 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing February 15, 2023.
F6 On February 15, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.