Robin Leopold - Mar 25, 2023 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role: Head of Human Resources
Signature: /s/ Holly Youngwood under POA
Stock symbol: JPM
Transactions as of: Mar 25, 2023
Transactions value $: -$977,030
Form type: 4
Date filed: 3/28/2023, 04:17 PM
Previous filing: Mar 23, 2023
Next filing: Jan 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JPM	Common Stock	Gift	$0	+384	+1.54%	$0.00	25.3K	Feb 2, 2023	Direct	F1
transaction	JPM	Common Stock	Options Exercise	$0	+14.2K	+56.16%	$0.00	39.5K	Mar 25, 2023	Direct	F2, F3
transaction	JPM	Common Stock	Tax liability	-$977K	-7.85K	-19.89%	$124.40	31.6K	Mar 25, 2023	Direct
transaction	JPM	Common Stock	Gift	$0	-384	-3.74%	$0.00	9.87K	Feb 2, 2023	By Spouse's GRAT	F4
holding	JPM	Common Stock						9.87K	Mar 25, 2023	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	-14.2K	-100%	$0.00^*	0	Mar 25, 2023	Common Stock	14.2K		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 (a) 384 shares transferred from Spouse's Grantor Retained Annuity Trust and (b) 384 shares from Grantor Retained Annuity Trust to the Grantor on February 2, 2023. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
F2	These shares represent JPMC common stock acquired on March 25, 2023 upon settlement of a Performance Share Unit (PSU) award granted on January 21, 2020 for the three-year performance period ended December 31, 2022 (as previously disclosed on a Form 4 filed on March 23, 2023), 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 384 shares transferred from Spouse's Grantor Retained Annuity Trust to the Grantor on February 2, 2023. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F5	Balance reflects 384 shares transferred from Grantor Retained Annuity Trust to the Grantor on February 2, 2023. 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, 2022, as provided under the terms of a PSU award granted on January 21, 2020, and as previously reported on a Form 4 filed on March 23, 2023. The PSUs settled in shares of common stock on March 25, 2023. 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.