Marianne Lake - Jan 21, 2025 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
CEO CCB
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Jan 21, 2025
Transactions value $
$0
Form type
4
Date filed
1/23/2025, 04:21 PM
Previous filing
Jan 16, 2025
Next filing
Feb 19, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consistent with last year, Restricted Stock Units (RSUs) represent 50% of the Reporting Person's equity-based incentive compensation for performance year 2024, with the remaining 50% awarded in the form of Performance Share Units (PSUs).
F2 Each RSU represents a contingent right to receive one share of JPMC common stock.
F3 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 2025 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 Operating Committee members are also subject to additional Protection-based Vesting provisions under which awards may be cancelled, any determination with respect to which is subject to ratification by the Compensation & Management Development Committee of the Board of Directors.
F4 RSUs vest 50% on January 13, 2027 and 50% on January 13, 2028.