Daniel E. Pinto - 25 Mar 2022 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
President & COO, CEO CIB
Signature
/s/ David K.F. Gillis under POA
Issuer symbol
JPM
Transactions as of
25 Mar 2022
Net transactions value
-$5,518,300
Form type
4
Filing time
29 Mar 2022, 16:18:44 UTC
Previous filing
17 Mar 2022
Next filing
18 Oct 2022
SEC
View on sec.gov

Quoteable Key Fact

"Daniel E. Pinto filed Form 4 for JPMORGAN CHASE & CO (JPM) on 29 Mar 2022."

Quick Takeaways

  • This page summarizes Daniel E. Pinto's Form 4 filing for JPMORGAN CHASE & CO (JPM).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Filing timestamp: 29 Mar 2022, 16:18.

What Changed

  • Previous filing in this sequence was filed on 17 Mar 2022.
  • Current net transaction value: -$5,518,300.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +23,442 +4.1% $0.000000 600,679 25 Mar 2022 Direct F1, F2
transaction JPM Common Stock Options Exercise $0 +20,510 +3.4% $0.000000 621,189 25 Mar 2022 Direct F2, F3
transaction JPM Common Stock Options Exercise $0 +19,522 +3.1% $0.000000 640,711 25 Mar 2022 Direct F2, F4
transaction JPM Common Stock Tax liability $5,518,300 -38,864 -6.1% $141.99 601,847 25 Mar 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 -20,510 -33% $0.000000 41,021 25 Mar 2022 Common Stock 20,510 Direct F2, F3
transaction JPM Performance Share Units Options Exercise $0 -19,522 -25% $0.000000 58,570 25 Mar 2022 Common Stock 19,522 Direct F2, F4
transaction JPM Performance Share Units Options Exercise $0 -23,442 -20% $0.000000 93,768 25 Mar 2022 Common Stock 23,442 Direct F1, F2
* 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 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 (including reinvested dividend equivalents) acquired on Mar 25, 2022 upon settlement of a PSU award granted on January 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 five equal installments and settle in shares of common stock on Mar 25, 2020, 2021, 2022, 2023 & 2024. The first 3 installments settled in shares of common stock on Mar 25, 2020, 2021 and 2022, 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 Mar 25, 2022, 2023, and 2024.
F4 These shares represent JPMC common stock acquired on March 25, 2022 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.