SEC Form 4 · accession 0001225208-18-001143
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Scher
Officer — Executive Vice President
Period of report
Jan 13, 2018
Accepted (ET)
Jan 17, 2018 · 5:20 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 StockF1 | Jan 13, 2018 | M | 15,287 | $0.00 | A | 15,310 | D | |
| Common StockF1 | Jan 13, 2018 | M | 14,981 | $0.00 | A | 30,291 | D | |
| Common Stock | Jan 13, 2018 | F | 13,234 | $111.845 | D | 17,057 | D | |
| Common Stock | Jan 16, 2018 | M | 73,116 | $35.61 | A | 90,173 | D | |
| Common Stock | Jan 16, 2018 | S | 17,057 | $112.20 | D | 73,116 | D | |
| Common Stock | Jan 16, 2018 | F | 46,584 | $112.25 | D | 26,532 | D |
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,F4 | — | Jan 13, 2018 | M | 14,981 | D | — | Jan 13, 2018 | Common Stock | 14,981 | 0 | D |
| Restricted Stock UnitsF1,F5 | — | Jan 13, 2018 | M | 15,287 | D | — | Jan 13, 2019 | Common Stock | 15,287 | 15,287 | D |
| Stock Appreciation RightsF6 | $35.61 | Jan 16, 2018 | M | 73,116 | D | — | Jan 18, 2022 | Common Stock | 73,116 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of JPMC common stock.
- F2Exercise of Stock Appreciation Rights (SARs) pursuant to SAR Exercise Plan dated December 22, 2017.
- F3Sale pursuant to 10b5-1 Plan dated December 22, 2017.
- F4Restricted stock units vest 50% on January 13, 2017 and 50% on January 13, 2018.
- F5Restricted stock units vest 50% on January 13, 2018 and 50% on January 13, 2019.
- F6Stock 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.