Elena A. Korablina - 16 Jan 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Signature
/s/ Holly Youngwood under POA
Issuer symbol
JPM
Transactions as of
16 Jan 2024
Net transactions value
$0
Form type
4
Filing time
18 Jan 2024, 16:26:51 UTC
Previous filing
16 Jan 2024
Next filing
06 May 2024

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 Award $0 +12,035 $0.000000 12,035 16 Jan 2024 Common Stock 12,035 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of JPMC common stock.
F2 Equity incentives are subject to the JPMorgan Chase Bonus Recoupment Policy which applies in the event of a material restatement of the Firm's financial statements. In addition, all equity awards granted in 2024 contain recapture provisions that enable the Firm to cancel outstanding awards and/or recover the value of certain stock distributed under the award in specified circumstances. In addition to recapture provisions, portions of equity awards granted to the Reporting person are also subject to additional Protection-based Vesting provisions under which awards may be cancelled.
F3 RSUs vest 50% on January 13, 2026 and 50% on January 13, 2027.