Ashley Bacon - Mar 25, 2022 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
Chief Risk Officer
Signature
/s/ David K.F. Gillis under POA
Stock symbol
JPM
Transactions as of
Mar 25, 2022
Transactions value $
-$4,032,971
Form type
4
Date filed
3/29/2022, 04:17 PM
Previous filing
Mar 17, 2022
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +55.3K +31.99% $0.00 228K Mar 25, 2022 Direct F1, F2
transaction JPM Common Stock Tax liability -$4.03M -28.4K -12.46% $141.99 200K Mar 25, 2022 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 -55.3K -100% $0.00* 0 Mar 25, 2022 Common Stock 55.3K 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, 2022 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 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 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, 2021, as provided under the terms of a PSU award granted on January 15, 2019, and as previously reported on a Form 4 filed on March 17, 2022. The PSUs settled in shares of common stock on March 25, 2022. 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.