Alastair M. Borthwick - Feb 15, 2025 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chief Financial Officer
Signature
Alastair M. Borthwick / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2025
Transactions value $
-$4,307,359
Form type
4
Date filed
2/19/2025, 06:47 PM
Previous filing
Feb 14, 2025
Next filing
Mar 4, 2025
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 +25K +7.65% 352K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$649K -13.8K -3.93% $46.96 338K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +39.3K +11.63% 377K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$1.02M -21.7K -5.76% $46.96 356K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +16.1K +4.53% 372K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$418K -8.91K -2.4% $46.96 363K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +25K +6.89% 388K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$649K -13.8K -3.56% $46.96 374K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +19.8K +5.29% 394K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$514K -10.9K -2.78% $46.96 383K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +14.5K +3.78% 397K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$376K -8.01K -2.02% $46.96 389K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +14.5K +3.72% 404K Feb 15, 2025 Direct F3
transaction BAC Common Stock Disposed to Issuer -$680K -14.5K -3.59% $46.96 389K Feb 15, 2025 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 Restricted Stock Units Options Exercise -25K -100% 0 Feb 15, 2025 Common Stock 25K Direct F1, F4
transaction BAC 2021 Restricted Stock Units Options Exercise -39.3K -100% 0 Feb 15, 2025 Common Stock 39.3K Direct F1, F5
transaction BAC 2022 Restricted Stock Units Options Exercise -16.1K -50% 16.1K Feb 15, 2025 Common Stock 16.1K Direct F1, F6
transaction BAC Restricted Stock Units Options Exercise -25K -50% 25K Feb 15, 2025 Common Stock 25K Direct F1, F7
transaction BAC 2023 Restricted Stock Units Options Exercise -19.8K -33.33% 39.6K Feb 15, 2025 Common Stock 19.8K Direct F1, F8
transaction BAC 2024 Restricted Stock Units Options Exercise -14.5K -25% 43.4K Feb 15, 2025 Common Stock 14.5K Direct F1, F9
transaction BAC 2024 Restricted Stock Units Options Exercise -14.5K -25% 43.4K Feb 15, 2025 Common Stock 14.5K Direct F3, F10
* 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 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F4 On February 12, 2021, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2024.
F5 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F6 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F7 On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.
F8 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
F9 On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.
F10 On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.