SEC Form 4 · accession 0001225208-16-041689
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Smith
Officer — Executive Vice President
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 5:02 pm EST
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 Stock | Nov 10, 2016 | M | 179,977 | $35.61 | A | 351,580 | D | |
| Common Stock | Nov 10, 2016 | M | 40,000 | $19.49 | A | 391,580 | D | |
| Common StockF2 | Nov 10, 2016 | F | 159,762 | $75.735 | D | 231,818 | D | |
| Common StockF2 | holding | — | — | — | 57,370 | I | By GRAT |
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 | $35.61 | Nov 10, 2016 | M | 179,977 | D | — | Jan 18, 2022 | Common Stock | 179,977 | 44,995 | D |
| Stock Appreciation RightsF4 | $19.49 | Nov 10, 2016 | M | 40,000 | D | — | Jan 20, 2019 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The exercise reported was effected pursuant to a 10b5-1 Plan dated November 1, 2016.
- F2Balance reflects shares transferred from indirect to direct ownership from a GRAT distribution on October 31, 2016.
- F3Stock appreciation rights, which have a ten-year term, become exercisable in five equal installments beginning January 18, 2013. Shares resulting from exercise must be held at least five years from the grant date.
- F4Stock Appreciation Rights, which have a ten-year term, become exercisable in five equal annual installments beginning January 20, 2010. Shares resulting from exercise must be held at least 5 years from the grant date.