Bernard A. Mensah - 15 Aug 2024 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Bernard A. Mensah / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Aug 2024
Net transactions value
-$619,835
Form type
4
Filing time
19 Aug 2024, 16:35:35 UTC
Previous filing
05 Mar 2024
Next filing
29 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +33,788 +20% 203,963 15 Aug 2024 Direct F1
transaction BAC Common Stock Tax liability $619,835 -15,881 -7.8% $39.03 188,082 15 Aug 2024 Direct 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 Vested Restricted Stock Units Options Exercise -33,788 -100% 0 15 Aug 2024 Common Stock 33,788 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 February 15, 2017, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2020. The net amount of each installment after any applicable tax withholding is subject to an additional six-month holding period after vesting.