Daniel E. Pinto - Mar 25, 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
President & COO
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Mar 25, 2024
Transactions value $
-$11,578,177
Form type
4
Date filed
3/27/2024, 04:17 PM
Previous filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +23.4K +3.93% $0.00 619K Mar 25, 2024 Direct F1, F2
transaction JPM Common Stock Options Exercise $0 +20.9K +3.38% $0.00 640K Mar 25, 2024 Direct F2, F3
transaction JPM Common Stock Options Exercise $0 +20.5K +3.2% $0.00 661K Mar 25, 2024 Direct F2, F4
transaction JPM Common Stock Options Exercise $0 +19.5K +2.96% $0.00 680K Mar 25, 2024 Direct F2, F5
transaction JPM Common Stock Options Exercise $0 +17.8K +2.62% $0.00 698K Mar 25, 2024 Direct F2, F6
transaction JPM Common Stock Tax liability -$11.6M -59.2K -8.48% $195.65 639K Mar 25, 2024 Direct

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 -20.5K -100% $0.00* 0 Mar 25, 2024 Common Stock 20.5K Direct F2, F4
transaction JPM Performance Share Units Options Exercise $0 -19.5K -50% $0.00 19.5K Mar 25, 2024 Common Stock 19.5K Direct F2, F5
transaction JPM Performance Share Units Options Exercise $0 -23.4K -33.33% $0.00 46.9K Mar 25, 2024 Common Stock 23.4K Direct F1, F2
transaction JPM Performance Share Units Options Exercise $0 -17.8K -25% $0.00 53.5K Mar 25, 2024 Common Stock 17.8K Direct F2, F6
transaction JPM Performance Share Units Options Exercise $0 -20.9K -20% $0.00 83.6K Mar 25, 2024 Common Stock 20.9K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 15, 2019 for the three-year performance period ended December 31, 2021 (as previously disclosed on a Form 4 filed on March 17, 2022), and must be held for an additional holding period following the vesting of each installment as provided under the terms of the PSU award granted on January 15, 2019: (i) a two-year holding period for the installment vested on March 25, 2022; and (ii) a twelve-month holding period for installments vesting on March 25, 2023, 2024, 2025, and 2026.
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 These shares represent JPMC common stock acquired on March 25, 2024 upon settlement of a 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 holding period following the vesting of each installment as provided under the terms of the PSU award granted on January 19, 2021: (i) a two-year holding period for the installment vested on March 25, 2024; and (ii) a twelve-month holding period for installments vesting on March 25, 2025, 2026, 2027, and 2028.
F4 These shares represent JPMC common stock including reinvested dividend equivalents acquired on Mar. 25, 2024 upon settlement of a PSU award granted on Jan. 17, 2017 for the 3-year performance period ended Dec. 31, 2019 (as previously disclosed on a Form 4 filed on Mar. 19, 2020). Mr. Pinto's PSUs are expected to vest in 5 equal installments and settle in shares of common stock on Mar. 25, 2020, 2021, 2022, 2023 & 2024. The 1st, 2nd, 3rd & 4th installments settled in shares of common stock on March 25, 2020, 2021, 2022, and 2023, respectively. Shares, after applicable tax withholding, must be held for an additional holding period following the vesting of each installment as provided under the terms of the PSU award granted on Jan. 17, 2017: (i) a 2-year holding period for the installment vested on Mar. 25, 2020; (ii) a 12-month holding period for the installment vested on Mar. 25, 2021; and (iii) a 6-month holding period for installments vesting on March 25, 2022, 2023, & 2024.
F5 These shares represent JPMC common stock acquired on March 25, 2024 upon settlement of a PSU award granted on January 16, 2018 for the three-year performance period ended December 31, 2020 (as previously disclosed on a Form 4 filed on March 18, 2021), and must be held for an additional holding period following the vesting of each installment as provided under the terms of the PSU award granted on January 16, 2018: (i) a two-year holding period for the installment vested on March 25, 2021; and (ii) a twelve-month holding period for installments vesting on March 25, 2022, 2023, 2024, and 2025.
F6 These shares represent JPMC common stock acquired on March 25, 2024 upon settlement of a PSU award granted on January 21, 2020 for the three-year performance period ended December 31, 2022 (as previously disclosed on a Form 4 filed on March 23, 2023), and must be held for an additional holding period following the vesting of each installment as provided under the terms of the PSU award granted on January 21, 2020: (i) a two-year holding period for the installment vested on March 25, 2023; and (ii) a twelve-month holding period for installments vesting on March 25, 2024, 2025, 2026, and 2027.