Jennifer Piepszak - Jan 13, 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
Co-CEO CCB
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Jan 13, 2024
Transactions value $
-$2,752,108
Form type
4
Date filed
1/16/2024, 07:10 PM
Previous filing
Jun 12, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock Options Exercise $0 +15.4K +67.28% $0.00 38.4K Jan 13, 2024 Direct F1
transaction JPM Common Stock Options Exercise $0 +12.1K +31.6% $0.00 50.5K Jan 13, 2024 Direct F1
transaction JPM Common Stock Tax liability -$2.48M -14.4K -28.44% $172.61 36.1K Jan 13, 2024 Direct
transaction JPM Common Stock Sale -$275K -1.65K -4.57% $166.59 34.5K Jan 16, 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 -12.1K -100% $0.00* 0 Jan 13, 2024 Common Stock 12.1K Direct F1, F2
transaction JPM Restricted Stock Units Options Exercise $0 -15.4K -50% $0.00 15.4K Jan 13, 2024 Common Stock 15.4K 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.