Lori A. Beer - Mar 25, 2023 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role: Chief Information Officer
Signature: /s/ Holly Youngwood under POA
Stock symbol: JPM
Transactions as of: Mar 25, 2023
Transactions value $: -$1,665,965
Form type: 4
Date filed: 3/28/2023, 04:17 PM
Previous filing: Mar 23, 2023
Next filing: May 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JPM	Common Stock	Options Exercise	$0	+24.2K	+52.31%	$0.00	70.5K	Mar 25, 2023	Direct	F1, F2
transaction	JPM	Common Stock	Tax liability	-$1.67M	-13.4K	-18.99%	$124.40	57.1K	Mar 25, 2023	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	-24.2K	-100%	$0.00^*	0	Mar 25, 2023	Common Stock	24.2K		Direct	F2, F3

* 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, 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.
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	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.