JPMORGAN CHASE & CO 4
4 · JPMORGAN CHASE & CO · Filed Sep 9, 2016
Insider Transaction Report
Form 4
O'Donovan Mark
Corporate Controller
Transactions
- Award
Restricted Stock Units
2016-09-08+29,701→ 29,701 totalExp: 2020-10-25→ Common Stock (29,701 underlying)
Footnotes (2)
- [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 $67.34 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 September 8, 2016, the date of grant under the terms of the JPMorgan Chase & Co. Long Term Incentive Plan.
- [F2]Restricted stock units vest 25% on October 25, 2017, 25% on October 25, 2018, 25% on October 25, 2019, and 25% on October 25, 2020, subject to continued employment. Shares resulting from vesting must be held at least two years from each vesting date.