Robin Leopold - 25 Mar 2022 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role: Head of Human Resources
Signature: /s/ David K.F. Gillis under POA
Issuer symbol: JPM
Transactions as of: 25 Mar 2022
Net transactions value: -$1,198,127
Form type: 4
Filing time: 29 Mar 2022, 16:18:03 UTC
Previous filing: 17 Mar 2022
Next filing: 27 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JPM	Common Stock	Gift	$0	+363	+2.6%	$0.000000	14,211	02 Feb 2022	Direct	F1
transaction	JPM	Common Stock	Options Exercise	$0	+15,258	+107%	$0.000000	29,469	25 Mar 2022	Direct	F2, F3
transaction	JPM	Common Stock	Tax liability	$1,198,127	-8,438	-29%	$141.99	21,031	25 Mar 2022	Direct
transaction	JPM	Common Stock	Gift	$0	-363	-3.4%	$0.000000	10,258	02 Feb 2022	By Spouse's GRAT	F4
holding	JPM	Common Stock						10,258	25 Mar 2022	By GRAT	F5

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	-15,258	-100%	$0.000000^*	0	25 Mar 2022	Common Stock	15,258		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Balance reflects 726 shares transferred from a Grantor Spouse's Retained Annuity Trust and a Grantor Retained Annuity Trust to the Grantor on February 2, 2022. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F2	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.
F3	Each PSU represents a contingent right to receive one share of JPMC common stock upon vesting based on the attainment of performance goals.
F4	Balance reflects 363 shares transferred from a Grantor Spouse's Retained Annuity Trust to the Grantor on February 2, 2022. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F5	Balance reflects 363 shares transferred from a Grantor Retained Annuity Trust to the Grantor on February 2, 2022. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
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, 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.