Rudolf A. Bless - 25 Jan 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Rudolf A. Bless / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
25 Jan 2024
Transactions value $
-$269,357
Form type
4
Filing time
29 Jan 2024, 17:16:17 UTC
Previous filing
17 Nov 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +18K +8.55% 229K 25 Jan 2024 Revocable Trust F1
transaction BAC Common Stock Tax liability -$269K -8.07K -3.53% $33.39 221K 25 Jan 2024 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 -100% 0 25 Jan 2024 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.