JPMORGAN CHASE & CO 4
4 · JPMORGAN CHASE & CO · Filed May 22, 2015
Insider Transaction Report
Form 4
Cutler Stephen M
General Counsel
Transactions
- Exercise/Conversion
Common Stock
2015-05-21$43.20/sh+70,000$3,024,000→ 276,867 total - Exercise/Conversion
Common Stock
2015-05-21$39.83/sh+50,000$1,991,500→ 326,867 total - Tax Payment
Common Stock
2015-05-21$66.34/sh−98,497$6,534,783→ 228,370 total - Exercise/Conversion
Stock Appreciation Rights
2015-05-21−70,000→ 80,000 totalExercise: $43.20Exp: 2020-01-20→ Common Stock (70,000 underlying) - Exercise/Conversion
Stock Appreciation Rights
2015-05-21−50,000→ 50,000 totalExercise: $39.83Exp: 2018-01-22→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Represents the gross number of shares underlying the Stock Appreciation Rights, without reduction as described in Note 2 below.
- [F2]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.
- [F3]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.
- [F4]SARs vest and become exercisable in five equal annual installments beginning January 22, 2009. Shares resulting from exercise must be held at least until 5 years after the grant.