Matthew M. Koder - 24 Jul 2024 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
24 Jul 2024
Transactions value $
-$2,109,500
Form type
4
Filing time
26 Jul 2024, 16:18:16 UTC
Previous filing
04 Jun 2024
Next filing
19 Aug 2024
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 +50K +8.47% 640K 24 Jul 2024 Direct F1
transaction BAC Common Stock Disposed to Issuer -$2.11M -50K -7.81% $42.19 590K 24 Jul 2024 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 -50K -100% 0 24 Jul 2024 Common Stock 50K 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 July 24, 2020 the reporting person was granted phantom units, vesting and payable in cash in two equal annual installments beginning on July 24, 2023.