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 | -21.8K | -100% | $0.00* | 0 | Jan 13, 2024 | Common Stock | 21.8K | Direct | F1, F2 | |
transaction | JPM | Restricted Stock Units | Options Exercise | $0 | -19.3K | -50% | $0.00 | 19.3K | Jan 13, 2024 | Common Stock | 19.3K | Direct | F1, F3 |
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).
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. |