Matthew M. Koder - 01 Apr 2023 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role: Pres, Gl Corp & Invest Banking
Signature: Matthew M. Koder / Michael P. Lapp POA
Issuer symbol: BAC
Transactions as of: 01 Apr 2023
Transactions value $: -$4,115,111
Form type: 4
Filing time: 04 Apr 2023, 17:44:21 UTC
Previous filing: 24 Feb 2023
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BAC	Common Stock	Options Exercise		+144K	+44.99%		464K	01 Apr 2023	Direct	F1
transaction	BAC	Common Stock	Disposed to Issuer	-$4.12M	-144K	-31.03%	$28.60	320K	01 Apr 2023	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	Phantom Stock Units	Options Exercise		-144K	-100%		0	01 Apr 2023	Common Stock	144K		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 April 1, 2019 the reporting person was granted phantom units, vesting and payable in cash in one installment on April 1, 2023.