SEC Form 4 · accession 0001225208-18-012679
JPMORGAN CHASE & CO · JPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mellody L Hobson
Director
Period of report
Aug 15, 2018
Accepted (ET)
Aug 16, 2018 · 4:30 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 Stock | Aug 15, 2018 | M | 46,308 | $41.624 | A | 74,308 | I | By The GWL Living Trust |
| Common Stock | Aug 15, 2018 | D | 16,953 | $113.70 | D | 57,355 | I | By The GWL Living Trust |
| Common Stock | holding | — | — | — | 1,192 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (Right to Buy)F1 | $41.624 | Aug 15, 2018 | M | 46,308 | D | — | Oct 28, 2018 | Common Stock | 46,308 | 0 | I |
Explanation of responses
- F1On August 15, 2018, the Reporting Person exchanged 45,400 warrants for 46,308 equivalent shares at the current exchange rate of 1.02 and the current exchange price of $41.6240. The exchange was done on a cashless basis; 29,355 shares were received, net of 16,953 shares withheld to pay the exchange price. The Reporting Person received $31.91 in lieu of a fractional share. The exercise price and number of shares acquired per warrant are subject to anti-dilution adjustments from time to time upon the occurrence of certain events. Balance reflects downward adjustment of 325 warrants (331.50 equivalent shares) to correct balance as originally reported on Form 3 filed 3/29/18.