James P. DeMare - Feb 15, 2025 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
James P. DeMare / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2025
Transactions value $
-$6,547,398
Form type
4
Date filed
2/19/2025, 06:52 PM
Previous filing
Feb 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +25K +8.92% 305K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$649K -13.8K -4.53% $46.96 292K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +35.2K +12.07% 327K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$914K -19.5K -5.96% $46.96 307K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +17.5K +5.69% 325K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$454K -9.66K -2.97% $46.96 315K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +63.1K +20.01% 378K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$1.64M -34.9K -9.22% $46.96 343K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +37.5K +10.91% 381K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$973K -20.7K -5.44% $46.96 360K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +26.3K +7.31% 386K Feb 15, 2025 Revocable Trust F1
transaction BAC Common Stock Tax liability -$684K -14.6K -3.77% $46.96 372K Feb 15, 2025 Revocable Trust F2
transaction BAC Common Stock Options Exercise +26.3K +7.08% 398K Feb 15, 2025 Revocable Trust F3
transaction BAC Common Stock Disposed to Issuer -$1.24M -26.3K -6.61% $46.96 372K Feb 15, 2025 Revocable Trust

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 -35.2K -100% 0 Feb 15, 2025 Common Stock 35.2K Direct F1, F5
transaction BAC 2021 Restricted Stock Units Options Exercise -17.5K -100% 0 Feb 15, 2025 Common Stock 17.5K Direct F1, F6
transaction BAC 2022 Restricted Stock Units Options Exercise -63.1K -50% 63.1K Feb 15, 2025 Common Stock 63.1K Direct F1, F7
transaction BAC 2023 Restricted Stock Units Options Exercise -37.5K -33.33% 74.9K Feb 15, 2025 Common Stock 37.5K Direct F1, F8
transaction BAC 2024 Restricted Stock Units Options Exercise -26.3K -25% 79K Feb 15, 2025 Common Stock 26.3K Direct F1, F9
transaction BAC 2024 Restricted Stock Units Options Exercise -26.3K -25% 79K Feb 15, 2025 Common Stock 26.3K 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 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F7 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
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.