Bruce R. Thompson - Feb 15, 2025 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Vice Chair, Head Ent Credit
Signature
Bruce R. Thompson / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Feb 15, 2025
Transactions value $
-$6,689,969
Form type
4
Date filed
2/19/2025, 07:32 PM
Previous filing
Feb 14, 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 +35.9K +5.69% 667K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$834K -17.8K -2.67% $46.96 649K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +18K +2.77% 667K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$418K -8.9K -1.33% $46.96 658K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +36.2K +5.5% 694K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$835K -17.8K -2.56% $46.96 676K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +25K +3.7% 701K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$572K -12.2K -1.74% $46.96 689K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +20.3K +2.94% 709K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$463K -9.86K -1.39% $46.96 700K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +40.4K +5.77% 740K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$921K -19.6K -2.65% $46.96 720K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +50K +6.94% 770K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$1.14M -24.3K -3.15% $46.96 746K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +21.9K +2.93% 768K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$498K -10.6K -1.38% $46.96 757K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +14.5K +1.91% 772K Feb 15, 2025 Direct F1
transaction BAC Common Stock Tax liability -$329K -7.01K -0.91% $46.96 765K Feb 15, 2025 Direct F2
transaction BAC Common Stock Options Exercise +14.5K +1.89% 779K Feb 15, 2025 Direct F3
transaction BAC Common Stock Disposed to Issuer -$680K -14.5K -1.86% $46.96 765K Feb 15, 2025 Direct
holding BAC Common Stock 225K Feb 15, 2025 by Trust
holding BAC Preferred Stock, Series LL 40K Feb 15, 2025 Direct
holding BAC Preferred Stock, Series NN 60K 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 Vested Restricted Stock Units Options Exercise -35.9K -100% 0 Feb 15, 2025 Common Stock 35.9K Direct F1, F4
transaction BAC Restricted Stock Units Options Exercise -18K -50% 18K Feb 15, 2025 Common Stock 18K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise +18K +100% 36K Feb 15, 2025 Common Stock 18K Direct F1, F5
transaction BAC Vested Restricted Stock Units Options Exercise -18K -50% 18K Feb 15, 2025 Common Stock 18K Direct F1, F5
transaction BAC 2020 Restricted Stock Units Options Exercise -36.2K -100% 0 Feb 15, 2025 Common Stock 36.2K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise +36.2K +100% 72.3K Feb 15, 2025 Common Stock 36.2K Direct F1, F6
transaction BAC Vested Restricted Stock Units Options Exercise -36.2K -50% 36.2K Feb 15, 2025 Common Stock 36.2K Direct F1, F6
transaction BAC Restricted Stock Units Options Exercise -25K -100% 0 Feb 15, 2025 Common Stock 25K Direct F1, F7
transaction BAC 2021 Restricted Stock Units Options Exercise -20.3K -50% 20.3K Feb 15, 2025 Common Stock 20.3K Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise +20.3K +100% 40.5K Feb 15, 2025 Common Stock 20.3K Direct F1, F8
transaction BAC Vested Restricted Stock Units Options Exercise -20.3K -50% 20.3K Feb 15, 2025 Common Stock 20.3K Direct F1, F8
transaction BAC 2022 Restricted Stock Units Options Exercise -40.4K -50% 40.4K Feb 15, 2025 Common Stock 40.4K Direct F1, F9
transaction BAC Restricted Stock Units Options Exercise -50K -50% 50K Feb 15, 2025 Common Stock 50K Direct F1, F10
transaction BAC 2023 Restricted Stock Units Options Exercise -21.9K -33.33% 43.7K Feb 15, 2025 Common Stock 21.9K Direct F1, F11
transaction BAC 2024 Restricted Stock Units Options Exercise -14.5K -25% 43.4K Feb 15, 2025 Common Stock 14.5K Direct F1, F12
transaction BAC 2024 Restricted Stock Units Options Exercise -14.5K -25% 43.4K Feb 15, 2025 Common Stock 14.5K Direct F3, F13
* 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 15, 2019, 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 twelve-month holding period after vesting.
F5 On February 15, 2019, the reporting person was granted units, with 40% vesting on February 15, 2022 and the remaining 60% vesting in five annual installments of 10%, 14%, 12%, 12%, and 12%, respectively, commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F6 On February 14, 2020, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2021. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F7 On February 12, 2021, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2024.
F8 On February 12, 2021, the reporting person was granted units, vesting in five equal annual installments commencing on February 15, 2022. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.
F9 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F10 On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.
F11 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
F12 On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.
F13 On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.