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*
DIMON JAMES

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2022
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 03/25/2022 M 398,708.0522(1) A $0(2) 1,387,047.0522 D
Common Stock 03/25/2022 F 220,486.0522 D $141.99 1,166,561(3) D
Common Stock 8,231.7746 I By 401(k)
Common Stock 2,126,124(4) I By Family Trusts
Common Stock 4,348,004(5) I By GRATs
Common Stock 152,940 I By LLC(6)
Common Stock 871,766 I By Spouse
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
Performance Share Units (2) 03/25/2022 M 398,708.0522(7) (7) (7) Common Stock 398,708.0522 $0.0000 0.0000 D
Explanation of Responses:
1. These shares represent JPMC common stock acquired on March 25, 2022 upon settlement of a Performance Share Unit (PSU) award granted on January 15, 2019 for the three-year performance period ended December 31, 2021 (as previously disclosed on a Form 4 filed on March 17, 2022), 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. Balance reflects a) 310,028 shares transferred from a Grantor Retained Annuity Trust (GRAT) to the Grantor on January 18, 2022; b) 141,528 shares transferred from a GRAT to the Grantor on January 18, 2022. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
4. Balance reflects 29,034 shares transferred from a Grantor Retained Annuity Trust to the Grantor's Family Trusts on January 19, 2022. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
5. Balance reflects a) 310,028 shares transferred from a Grantor Retained Annuity Trust (GRAT) to the Grantor on January 18, 2022; b) 141,528 shares transferred from a GRAT to the Grantor on January 18, 2022; c) 29,034 shares transferred from GRAT to the Grantor's Family Trust on January 19, 2022. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
6. Reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest.
7. 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, 2021, as provided under the terms of a PSU award granted on January 15, 2019, and as previously reported on a Form 4 filed on March 17, 2022. The PSUs settled in shares of common stock on March 25, 2022. 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.
/s/ David K.F. Gillis under POA 03/29/2022
** 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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