SEC Form 4 · accession 0001225208-17-014966
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicole Giles
Officer — Corporate Controller
Period of report
Sep 11, 2017
Accepted (ET)
Sep 13, 2017 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019617
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 11, 2017 | A | 11,161 | A | — | Oct 25, 2021 | Common Stock | 11,161 | 11,161 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of JPMC common stock. The grant amount was calculated using a value of $89.60 per restricted stock unit, the "fair market value" (the average of the high and low selling prices on the New York Stock Exchange composite tape) of one share of JPMC common stock on September 11, 2017, the date of grant under the terms of the JPMorgan Chase & Co. Long Term Incentive Plan.
- F2Restricted stock units vest 25% on October 25, 2018, 25% on October 25, 2019, 25% on October 25, 2020, and 25% on October 25, 2021, subject to continued employment. Shares resulting from vesting must be held at least two years from each vesting date.