SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Korablina Elena A

(Last) (First) (Middle)
383 MADISON AVENUE

(Street)
NEW YORK NY 10179-0001

(City) (State) (Zip)
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)
Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
01/18/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 01/18/2022 M 753 A $0(1) 19,486 D
Common Stock 01/18/2022 F 443 D $153.16 19,043 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Restricted Stock Units (1) 01/18/2022 A(2) 1,340 (3) 01/13/2025 Common Stock 1,340 $0.0000 5,126 D
Restricted Stock Units (4) 01/18/2022 A(2) 5,600 (5) 01/13/2026 Common Stock 5,600 $0.0000 11,762 D
Restricted Stock Units (1) 01/18/2022 A(2) 753 (6) 01/18/2022 Common Stock 753 $0.0000 753 D
Restricted Stock Units (1) 01/18/2022 M 753 (6) 01/18/2022 Common Stock 753 $0.0000 0.0000 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of JPMC common stock.
2. Equity incentives are subject to the JPMorgan Chase Bonus Recoupment Policy which applies in the event of a material restatement of the Firm's financials. In addition, all equity awards granted in 2022 contain recapture provisions that enable the Firm to cancel outstanding awards and/or recover the value of certain stock distributed under the award in specified circumstances. Ms. Korablina's UK regulated equity incentives are subject to additional recapture provisions as applicable to the Firm's relevant U.K. regulated CRD Identified Staff.
3. RSU grant of 1,340 shares vests as follows: 670 shares on January 13, 2024 and 670 shares on January 13, 2025. The shares resulting from vesting are not subject to a hold. Previously reported RSU grant of 3,786 shares vests as follows: 1,262 shares on January 13, 2023, 1,262 shares on January 13, 2024, 1,262 shares on January 13, 2025. As Identified Staff, the shares resulting from vesting are subject to a hold for 1 year from vesting date.
4. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of JPMC common stock. For the purposes of determining the number of RSUs granted to Ms. Korablina, the Firm has established a grant date fair value per unit that takes into account that these awards do not carry the right to dividends prior to vesting, in accordance with local regulations.
5. RSU grant of 5,600 shares vests as follows: 1,400 shares on January 13, 2023, 1,400 shares on January 13, 2024, 1,400 shares on January 13, 2025, and 1,400 shares on January 13, 2026. As Identified Staff, the shares resulting from vesting must be held for 1 year from vesting date. Previously reported RSU grant of 6,162 shares vests as follows: 1,540 shares on January 13, 2023, 1,540 shares on January 13, 2024, 1,541 shares on January 13, 2025, 1,541 shares on January 13, 2026. As Identified Staff, the shares resulting from vesting must be held for 1 year from vesting date.
6. RSUs vest 100% on January 18, 2022. The shares resulting from vesting are subject to a hold for 12 months from vesting date
/s/ David Gillis under POA 01/20/2022
** 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).
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