Daniel E. Pinto - 21 Mar 2023 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role: President & COO, CEO CIB
Signature: /s/ Holly Youngwood under POA
Issuer symbol: JPM
Transactions as of: 21 Mar 2023
Net transaction value: $0
Form type: 4
Filing time: 23 Mar 2023, 16:24:43 UTC
Previous filing: 17 Jan 2023
Next filing: 28 Mar 2023
SEC filing: View on sec.gov

Key filing fact

Daniel E. Pinto filed Form 4 for JPMORGAN CHASE & CO (JPM) on 23 Mar 2023.

Key facts

This page summarizes Daniel E. Pinto's Form 4 filing for JPMORGAN CHASE & CO (JPM).
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 23 Mar 2023, 16:24.

Change

Previous filing in this sequence was filed on 17 Jan 2023.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

JPM transaction Derivative

Performance Share Units

Award

Transaction value: $0
Shares: +89,130
Change %
Price: $0.000000
Shares after: 89,130
Date: 21 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 89,130
Exercise price
Footnotes: F1, F2, F3

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPMC common stock upon vesting based on the attainment of performance goals.
F2	Represents PSUs earned based on the Firm's attainment of pre-established performance goals for the 3-year performance period ended Dec. 31, 2022. Mr. Pinto's PSUs are expected to vest in 5 equal installments and will settle on: Mar. 25, 2023, 2024, 2025, 2026, and 2027 and will be reported in Form 4 filings. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee (CMDC) has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned. Under rules applicable in the U.K., Mr. Pinto's PSU award is subject to an assessment of his qualitative performance in determining the ultimate number of PSUs that will vest. As such, the CMDC has determined that no downward adjustment will be made to his payout on his qualitative performance during the performance period.
F3	Shares delivered, 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 January 21, 2020: (i) a two-year holding period for the installment vesting on March 25, 2023; and (ii) a twelve-month holding period for installments vesting on March 25, 2024, 2025, 2026, and 2027.