SEC Form 4 · accession 0001225208-16-041690
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas B Petno
Officer — CEO Commercial Banking
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 4:59 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 9, 2016 | M | 75,000 | $45.79 | A | 133,213 | D | |
| Common StockF2 | Nov 9, 2016 | F | 61,545 | $72.735 | D | 71,668 | D | |
| Common StockF2 | holding | — | — | — | 137,663 | 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 | $45.79 | Nov 9, 2016 | M | 75,000 | D | — | Oct 18, 2017 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1The exercise reported was effected pursuant to a 10b5-1 Plan dated November 8, 2016.
- F2Balance reflects shares transferred from indirect to direct ownership from a GRAT distribution on November 10, 2016.
- F3Stock Appreciation Rights vest and become exercisable in five equal annual installments beginning October 18, 2008. Shares resulting from exercise must be held at least 5 years from the grant date.