Marianne Lake - 13 Jan 2023 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
Co-CEO CCB
Signature
/s/ Holly Youngwood under POA
Issuer symbol
JPM
Transactions as of
13 Jan 2023
Net transactions value
-$3,729,547
Form type
4
Filing time
17 Jan 2023, 19:52:08 UTC
Previous filing
29 Mar 2022
Next filing
19 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +16,103 +20% $0.000000 97,592 13 Jan 2023 Direct F1
transaction JPM Common Stock Options Exercise $0 +15,942 +16% $0.000000 113,534 13 Jan 2023 Direct F1
transaction JPM Common Stock Tax liability $2,319,547 -16,670 -15% $139.14 96,864 13 Jan 2023 Direct F2
transaction JPM Common Stock Sale $1,410,000 -10,000 -10% $141.00 86,864 17 Jan 2023 Direct F3
holding JPM Common Stock 11,763 13 Jan 2023 By Family Trust
holding JPM Common Stock 113,473 13 Jan 2023 By GRATs F4

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 Restricted Stock Units Options Exercise $0 -15,942 -100% $0.000000* 0 13 Jan 2023 Common Stock 15,942 Direct F1, F5
transaction JPM Restricted Stock Units Options Exercise $0 -16,103 -50% $0.000000 16,103 13 Jan 2023 Common Stock 16,103 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of JPMC common stock.
F2 Balance reflects a) 9,697 shares transferred from a Grantor Retained Annuity Trust (GRAT) to the Grantor on April 20, 2022; b) 6,126 shares transferred from a GRAT to the Grantor on April 27, 2022; and c) 41,823 shares transferred from the Grantor to fund a new GRAT on April 28, 2022. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
F3 Sale pursuant to 10b5-1 plan dated November 14, 2022.
F4 Balance reflects a) 6,126 shares transferred from a Grantor Retained Annuity Trust ("GRAT") to the Grantor on April 27, 2022 b) 41,823 shares transferred from the Grantor for funding of a Grantor Retained Annuity Trust on April 28, 2022. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
F5 Restricted stock units vest 50% on January 13, 2022 and 50% on January 13, 2023.
F6 Restricted stock units vest 50% on January 13, 2023 and 50% on January 13, 2024.