Form 4 for BAC Bank of America

Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001127602-24-008665 · 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
DI	2024-03-05	2024-03-01	BAC	Greener Geoffrey S	CRO	M - OptEx	—	+102.3K	1.32M	+8%	—
DI	2024-03-05	2024-03-01	BAC	Greener Geoffrey S	CRO	F - Tax	$34.35	-52.3K	1.26M	-4%	-$1.80M
D	2024-03-05	2024-03-01	BAC	Greener Geoffrey S	CRO	M - OptEx	—	-102.3K	0	-100%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-03-01	M	A	102,263	—	1,315,630	I Revocable Trust	—	—	(F1) Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2	Common	Common Stock	2024-03-01	F	D	52,265	$34.35	1,263,365	I Revocable Trust	—	—	(F2) Disposition of shares to the issuer to satisfy a tax withholding obligation.
3	Derivative	2021 Performance Restricted Stock Units	2024-03-01	M	D	102,263	—	0	D	— · — to —	102,263 Common Stock	(F1) Each unit represents a contingent right to receive one share of Bank of America Corporation common stock. (F3) On February 12, 2021, 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, 2021 and ending December 31, 2023. For the performance period, an amount equaling 100% of the target was earned. All units earned were settled in shares on March 1, 2024, and no units remain outstanding.