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

Signature
Thong M. Nguyen / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2025
Transactions value $
-$4,158,449
Form type
4
Date filed
2/19/2025, 07:18 PM
Previous filing
Feb 14, 2025
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +23.8K +6.86% 371K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$549K -11.7K -3.15% $46.96 360K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +20.3K +5.64% 380K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$469K -9.98K -2.63% $46.96 370K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +75K +20.28% 445K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$1.73M -36.9K -8.3% $46.96 408K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +25K +6.12% 433K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$577K -12.3K -2.84% $46.96 421K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +11.8K +2.82% 432K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$274K -5.84K -1.35% $46.96 427K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +11.8K +2.78% 438K Feb 15, 2025 Direct F3
transaction BAC Common Stock Disposed to Issuer -$556K -11.8K -2.7% $46.96 427K Feb 15, 2025 Direct
holding BAC Common Stock 337 Feb 15, 2025 401(k) Plan
holding BAC Common Stock 215K Feb 15, 2025 by 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 2021 Restricted Stock Units Options Exercise -23.8K -100% 0 Feb 15, 2025 Common Stock 23.8K Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -20.3K -50% 20.3K Feb 15, 2025 Common Stock 20.3K Direct F1, F5
transaction BAC Restricted Stock Units Options Exercise -75K -50% 75K Feb 15, 2025 Common Stock 75K Direct F1, F6
transaction BAC 2023 Restricted Stock Units Options Exercise -25K -33.33% 50K Feb 15, 2025 Common Stock 25K Direct F1, F7
transaction BAC 2024 Restricted Stock Units Options Exercise -11.8K -25% 35.5K Feb 15, 2025 Common Stock 11.8K Direct F1, F8
transaction BAC 2024 Restricted Stock Units Options Exercise -11.8K -25% 35.5K Feb 15, 2025 Common Stock 11.8K Direct F3, F9
* 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 four equal annual installments commencing on February 15, 2022.
F5 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F6 On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.
F7 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
F8 On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.
F9 On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.