James Dimon - Mar 25, 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
Chairman & CEO, Director
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Mar 25, 2024
Transactions value $
-$31,664,947
Form type
4
Date filed
3/27/2024, 04:16 PM
Previous filing
Mar 21, 2024
Next filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock +Options Exercise $0 +292,667 +93.85% $0.00 604,528 Mar 25, 2024 Direct F1, F2
transaction JPM Common Stock -Tax liability -$31,664,947 -161,845 -26.77% $195.65 442,683 Mar 25, 2024 Direct
holding JPM Common Stock 8,697 Mar 25, 2024 By 401(k)
holding JPM Common Stock 3,708,082 Mar 25, 2024 By Family Trusts F3
holding JPM Common Stock 2,932,607 Mar 25, 2024 By GRATs F4
holding JPM Common Stock 152,940 Mar 25, 2024 By LLC F5
holding JPM Common Stock 595,316 Mar 25, 2024 By Spouse

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 Performance Share Units -Options Exercise $0 -292,667 -100% $0.00 0 Mar 25, 2024 Common Stock 292,667 Direct F2, F6

Explanation of Responses:

Id Content
F1 These shares represent JPMC common stock acquired on March 25, 2024 upon settlement of a Performance Share Unit (PSU) award granted on January 19, 2021 for the three-year performance period ended December 31, 2023 (as previously disclosed on a Form 4 filed on March 21, 2024), and must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant.
F2 Each PSU represents a contingent right to receive one share of JPMC common stock upon vesting based on the attainment of performance goals.
F3 Balance reflects 1,026,788 shares transferred from a GRAT to the Grantor's Family Trusts on Feb 12, 2024. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
F4 Balance reflects 1,026,788 shares transferred from a Grantor Annuuity Retained Trust to the Grantor's Family Trusts on Feb 12, 2024. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F5 Reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest.
F6 Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2023, as provided under the terms of a PSU award granted on January 19, 2021, and as previously reported on a Form 4 filed on March 21, 2024. The PSUs settled in shares of common stock on March 25, 2024. Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant.