Marianne Lake - Jan 13, 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
Co-CEO CCB
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Jan 13, 2024
Transactions value $
-$3,606,076
Form type
4
Date filed
1/16/2024, 07:10 PM
Previous filing
Dec 12, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +16.1K +29.54% $0.00 70.6K Jan 13, 2024 Direct F1
transaction JPM Common Stock Options Exercise $0 +15.4K +21.84% $0.00 86K Jan 13, 2024 Direct F1
transaction JPM Common Stock Tax liability -$2.86M -16.6K -19.28% $172.61 69.5K Jan 13, 2024 Direct
transaction JPM Common Stock Sale -$743K -4.46K -6.42% $166.72 65K Jan 16, 2024 Direct
holding JPM Common Stock 16.8K Jan 13, 2024 By Family Trust
holding JPM Common Stock 132K Jan 13, 2024 By GRATs

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 JPM Restricted Stock Units Options Exercise $0 -16.1K -100% $0.00* 0 Jan 13, 2024 Common Stock 16.1K Direct F1, F2
transaction JPM Restricted Stock Units Options Exercise $0 -15.4K -50% $0.00 15.4K Jan 13, 2024 Common Stock 15.4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of JPMC common stock.
F2 Restricted stock units vest 50% on January 13, 2023 and 50% on January 13, 2024.
F3 Restricted stock units vest 50% on January 13, 2024 and 50% on January 13, 2025.