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

Role
Co-CEO CCB
Signature
/s/ Holly Youngwood under POA
Issuer symbol
JPM
Transactions as of
13 Jan 2024
Net transactions value
-$2,752,108
Form type
4
Filing time
16 Jan 2024, 19:10:36 UTC
Previous filing
12 Jun 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 +15,425 +67% $0.000000 38,351 13 Jan 2024 Direct F1
transaction JPM Common Stock Options Exercise $0 +12,118 +32% $0.000000 50,469 13 Jan 2024 Direct F1
transaction JPM Common Stock Tax liability $2,477,400 -14,353 -28% $172.60 36,116 13 Jan 2024 Direct
transaction JPM Common Stock Sale $274,709 -1,649 -4.6% $166.59 34,467 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 -12,118 -100% $0.000000* 0 13 Jan 2024 Common Stock 12,118 Direct F1, F2
transaction JPM Restricted Stock Units Options Exercise $0 -15,425 -50% $0.000000 15,426 13 Jan 2024 Common Stock 15,425 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.