FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Zames Matthew E 		2. Issuer Name and Ticker or Trading Symbol

JPMORGAN CHASE & CO [ JPM ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Operating Officer
(Last)          (First)          (Middle)

JPMORGAN CHASE & CO., 270 PARK AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/23/2015
(Street)

NEW YORK, NY 10017-2070
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   1/23/2015     M    20920.0000   (1) A $46.5800   249817.4221   D    
Common Stock   1/23/2015     M    17000.0000   (1) A $43.2000   266817.4221   D    
Common Stock   1/23/2015     M    16423.0000   (1) A $35.6100   283240.4221   D    
Common Stock   1/23/2015     M    15000.0000   (1) A $44.2900   298240.4221   D    
Common Stock   1/23/2015     F    60828.0000   (2) D $57.2650   237412.4221   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights   $46.5800   1/23/2015     M         20920.0000      (3) 1/17/2023   Common Stock   20920.0000   $0.0000   62763.0000   D    
Stock Appreciation Rights   $35.6100   1/23/2015     M         16423.0000      (4) 1/18/2022   Common Stock   16423.0000   $0.0000   32846.0000   D    
Stock Appreciation Rights   $44.2900   1/23/2015     M         15000.0000      (5) 1/19/2021   Common Stock   15000.0000   $0.0000   15000.0000   D    
Stock Appreciation Rights   $43.2000   1/23/2015     M         17000.0000      (6) 1/20/2020   Common Stock   17000.0000   $0.0000   0.0000   D    

Explanation of Responses:
( 1)  Represents the gross number of shares underlying the Stock Appreciation Rights, without reduction as described in Note 2 below.
( 2)  Represents the number of shares surrendered to the company in satisfaction of tax withholding obligations, plus a number of shares equal in value to the exercise price multiplied by the number of SARs exercised.
( 3)  Stock appreciation rights, which have a ten-year term, become exercisable in five equal installments beginning January 17, 2014. Shares resulting from exercise must be held at least five years from the grant date.
( 4)  Stock 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.
( 5)  Stock appreciation rights, which have a ten-year term, become exercisable in five equal installments beginning January 19, 2012. Shares resulting from exercise must be held at least five years from the grant date.
( 6)  Stock appreciation rights, which have a ten-year term, become exercisable in five equal installments beginning January 20, 2011. Shares resulting from exercise must be held at least five years from the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Zames Matthew E
JPMORGAN CHASE & CO.
270 PARK AVENUE
NEW YORK, NY 10017-2070

Chief Operating Officer

Signatures
/s/ Anthony Horan under POA 1/26/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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