ASHLEY BACON - 13 Jan 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Signature
/s/ Holly Youngwood under POA
Issuer symbol
JPM
Transactions as of
13 Jan 2024
Net transactions value
-$2,660,601
Form type
4
Filing time
16 Jan 2024, 19:10:17 UTC
Previous filing
16 May 2023
Next filing
18 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +12,977 +6.6% $0.000000 208,333 13 Jan 2024 Direct F1
transaction JPM Common Stock Options Exercise $0 +12,657 +6.1% $0.000000 220,990 13 Jan 2024 Direct F1
transaction JPM Common Stock Tax liability $2,099,049 -12,161 -5.5% $172.60 208,829 13 Jan 2024 Direct
transaction JPM Common Stock Sale $561,551 -3,368 -1.6% $166.73 205,461 16 Jan 2024 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 Restricted Stock Units Options Exercise $0 -12,657 -100% $0.000000* 0 13 Jan 2024 Common Stock 12,657 Direct F1, F2
transaction JPM Restricted Stock Units Options Exercise $0 -12,977 -50% $0.000000 12,977 13 Jan 2024 Common Stock 12,977 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of JPMC common stock.
F2 Restricted stock units vest 50% on January 13, 2023 and 50% on January 13, 2024.
F3 Restricted stock units vest 50% on January 13, 2024 and 50% on January 13, 2025.