Statement of Changes in Beneficial Ownership (4)
March 28 2023 - 04:20PM
Edgar (US Regulatory)
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
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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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 * Petno Douglas B |
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)
CEO Commercial Banking |
(Last)
(First)
(Middle)
383 MADISON AVENUE |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/25/2023
|
(Street)
NEW YORK, NY 10179-0001 |
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 |
(City)
(State)
(Zip)
|
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate
that a transaction was made pursuant to a contract, instruction or
written plan that is intended to satisfy the affirmative defense
conditions of Rule 10b5-1(c). See Instruction 10. |
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 |
3/25/2023 |
|
M |
|
44128.3832 (1) |
A |
$0 (2) |
284008.3832 |
D |
|
Common Stock |
3/25/2023 |
|
F |
|
24403.3832 |
D |
$124.3950 |
259605.0000 |
D |
|
Common Stock |
|
|
|
|
|
|
|
23669.0000 |
I |
By Family Trust |
Common Stock |
|
|
|
|
|
|
|
131517.0000 |
I |
By GRATs |
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 |
Performance Share Units |
(2) |
3/25/2023 |
|
M |
|
|
44128.3832 (3) |
(3) |
(3) |
Common Stock |
44128.3832 |
$0.0000 |
0.0000 |
D |
|
Explanation of
Responses: |
(1) |
These shares represent JPMC
common stock acquired on March 25, 2023 upon settlement of a
Performance Share Unit (PSU) award granted on January 21, 2020 for
the three-year performance period ended December 31, 2022 (as
previously disclosed on a Form 4 filed on March 23, 2023), and must
be held for an additional two-year period, for a total combined
vesting and holding period of five years from the date of
grant. |
(2) |
Each PSU represents a
contingent right to receive one share of JPMC common stock upon
vesting based on the attainment of performance goals. |
(3) |
Represents PSUs earned
(including reinvested dividend equivalents) based on the Firm's
attainment of pre-established performance goals for the three-year
performance period ended December 31, 2022, as provided under the
terms of a PSU award granted on January 21, 2020, and as previously
reported on a Form 4 filed on March 23, 2023. The PSUs settled in
shares of common stock on March 25, 2023. Shares delivered, after
applicable tax withholding, must be held for an additional two-year
period, for a total combined vesting and holding period of five
years from the date of grant. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Petno Douglas B
383 MADISON AVENUE
NEW YORK, NY 10179-0001 |
|
|
CEO Commercial Banking |
|
Signatures
|
/s/ Holly Youngwood under POA |
|
3/28/2023 |
**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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