SEC Form 4 · accession 0001225208-15-012679
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Cutler
Officer — General Counsel
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 3:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019617
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 21, 2015 | M | 70,000 | $43.20 | A | 276,867 | D | |
| Common StockF1 | May 21, 2015 | M | 50,000 | $39.83 | A | 326,867 | D | |
| Common StockF2 | May 21, 2015 | F | 98,497 | $66.345 | D | 228,370 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $43.20 | May 21, 2015 | M | 70,000 | D | — | Jan 20, 2020 | Common Stock | 70,000 | 80,000 | D |
| Stock Appreciation RightsF4 | $39.83 | May 21, 2015 | M | 50,000 | D | — | Jan 22, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Represents the gross number of shares underlying the Stock Appreciation Rights, without reduction as described in Note 2 below.
- F2Represents the number of shares surrendered to the company in satisfaction of tax withholding obligations, plus a number of shares equal in value to the exercise price multiplied by the number of SARs exercised.
- F3Stock appreciation rights, which have a ten-year term, become exercisable in five equal installments beginning January 20, 2011. Shares resulting from exercise must be held at least five years from the grant date.
- F4SARs vest and become exercisable in five equal annual installments beginning January 22, 2009. Shares resulting from exercise must be held at least until 5 years after the grant.