Bank of America (BAC) Form 4 BANK OF AMERICA / James P DeMare ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DeMare James P

(Last) (First) (Middle)

100 NORTH TRYON STREET

(Street)

CHARLOTTE NC 28255

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [ BAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, Global Markets

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/15/2023		M		75,815	A	(1)	250,304	I	Revocable Trust
Common Stock	02/15/2023		F		41,926(2)	D	$35.56	208,378	I	Revocable Trust
Common Stock	02/15/2023		M		35,195	A	(1)	243,573	I	Revocable Trust
Common Stock	02/15/2023		F		19,463(2)	D	$35.56	224,110	I	Revocable Trust
Common Stock	02/15/2023		M		17,470	A	(1)	241,580	I	Revocable Trust
Common Stock	02/15/2023		F		9,661(2)	D	$35.56	231,919	I	Revocable Trust
Common Stock	02/15/2023		M		63,063	A	(1)	294,982	I	Revocable Trust
Common Stock	02/15/2023		F		34,874(2)	D	$35.56	260,108	I	Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2020 Restricted Stock Units	(1)	02/15/2023		M			75,815	(3)	02/15/2023	Common Stock	75,815	(1)	0	D
2021 Restricted Stock Units	(1)	02/15/2023		M			35,195	(4)	02/15/2025	Common Stock	35,195	(1)	70,391	D
2021 Restricted Stock Units	(1)	02/15/2023		M			17,470	(4)	02/15/2025	Common Stock	17,470	(1)	34,940	D
2022 Restricted Stock Units	(1)	02/15/2023		M			63,063	(5)	02/15/2026	Common Stock	63,063	(1)	189,190	D

Explanation of Responses:

1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.

2. Disposition of shares to the issuer to satisfy a tax withholding obligation.

3. On February 14, 2020, the reporting person was granted units, vesting in three equal annual installments commencing on February 15, 2021.

4. On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.

5. On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.

	James P. DeMare / Michael P. Lapp POA	02/17/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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