4//SEC Filing
JPMORGAN CHASE & CO 4
Accession 0001225208-15-001770
$JPMCIK 0000019617operating
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:16 PM ET
Size
6.6 KB
Accession
0001225208-15-001770
Insider Transaction Report
Form 4
Cutler Stephen M
General Counsel
Transactions
- Award
Restricted Stock Units
2015-01-20+99,273→ 99,273 totalExp: 2018-01-13→ Common Stock (99,273 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of JPMC common stock. The grant amount was calculated using a value of $55.9066 per restricted stock unit, the "fair market value" (the average of the high and low selling prices on the New York Stock Exchange composite tape) of one share of JPMC common stock on January 20, 2015, the date of grant under the terms of the JPMorgan Chase & Co. Long Term Incentive Plan.
- [F2]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 (restricted stock units) granted in 2015 contain recapture provisions that enable the Firm to cancel an unvested or unexercisable award and/or recover the value of certain stock distributed under the award in specified circumstances. In addition to recapture provisions, portions of RSUs awarded to Operating Committee members are also subject to certain additional provisions under which awards may be cancelled, any determination with respect to which is subject to ratification by the Compensation and Management Development Committee of the Board of Directors (Committee). In the case of an award to the CEO, all such determinations shall be made by the Committee.
- [F3]Restricted stock units vest 50% on January 13, 2017 and 50% on January 13, 2018.
Documents
Issuer
JPMORGAN CHASE & CO
CIK 0000019617
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000019617
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:16 PM ET
- Size
- 6.6 KB