Form 4 for BAC Bank of America
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001127602-23-008826 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-03 | 2023-03-01 | BAC | Athanasia Dean C | Pres, Regional Banking | F - Tax | $34.14 | -39.5K | 431.8K | -8% | -$1.35M |
| D | 2023-03-03 | 2023-03-01 | BAC | Athanasia Dean C | Pres, Regional Banking | M - OptEx | — | +89.1K | 471.3K | +23% | — |
| D | 2023-03-03 | 2023-03-01 | BAC | Athanasia Dean C | Pres, Regional Banking | M - OptEx | — | -89.1K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-01 | F | D | 39,507 | $34.14 | 431,777 | D | — | — | (F2) Disposition of shares to the issuer to satisfy a tax withholding obligation. |
| 2 | Common | Common Stock | 2023-03-01 | M | A | 89,078 | — | 471,284 | D | — | — | (F1) Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. |
| 3 | Derivative | 2020 Performance Restricted Stock Units | 2023-03-01 | M | D | 89,078 | — | 0 | D | — · — to — | 89,078 Common Stock | (F1) Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. (F3) On February 14, 2020, the reporting person was granted units, subject to the Company's attainment of performance goals. One-half of the units have performance goals based on the Company's three year average return on assets and one-half of the units have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2020 and ending December 31, 2022. For the performance period, an amount equaling 89% of the target was earned. All units earned were settled in shares on March 1, 2023, and no units remain outstanding. |